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asyrafanahar

Fibonacci Retracement test

British Pound / Japanese Yen (OANDA:GBPJPY)  
asyrafanahar  
OANDA:GBPJPY   British Pound / Japanese Yen
Fibonacci
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fibonacci
The market will most likely stay around the 0.236 and 0.382 area due to the strong support and resistance present. However, it could drop to the 0.5 line and reverse back up as there is a strong support line there.
(Note: this is a test of the Fibonacci retracement solely for learning)
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