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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/JPY approaching intermediate support, potential to rise further!

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USDJPY is approaching intermediate support at 107.88 and could bounce from there

Entry :107.88

horizontal swing low support

61.8% Fibonacci retracement

Take Profit : 108.75

Why it's good : 61.8% Fibonacci extension

100%Fibonacci extension

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