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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 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

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