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USD/JPY testing resistance, potential reversal

analytics5ecf2759bdaca.jpg

Trading Recommendation

Entry: 107.873

Reason for Entry: horizontal swing high resistance and 78.6% fibonacci extension

Take Profit: 108.087

Reason for Take Profit: Horizontal swing high resistance

Stop Loss: 107.335

Reason for Stop loss: Horizontal swing low support

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