USD/JPY approaching resistance, potential reversal | 27 May 2020
Price is approaching our resistance in line with our 61.8% fibonacci retracement and 100% fibonacci extension and horizontal pullback resistance where we could see a reversal below this level to our first support level. Cheers!
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Stop Loss: 107.825
Take profit: 107.360