USD/JPY near key support, a bounce is possible!


USDJPY near key support, a bounce to first resistance is possible

Entry: 109.49

Why it's good : 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support

Stop Loss : 109.08

Why it's good :horizontal swing low support

Take Profit : 110.69

Why it's good: 100% Fibonacci extension, horizontal swing high resistance. 78.6% &50% Fibonacci retracement


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