USD/JPY to reach 1st resistance at 109.39, potential to drop!

USDJPY to reach 1st resistance at 109.39, potential to drop!

Take Profit 109.39

Why it's good: Horizontal swing high resistance

78.6% Fibonacci extension

Take Profit : 107.70

Why it's good : horizontal swing low support

50% Fibonacci retracement

61.8% Fibonacci extension

analytics5dc1012561af5.png

The material has been provided by InstaForex Company - www.instaforex.com