#USDJPY S/Rs on fib. arc intersections

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 12, 2014 10:57 AM

Very accurate support and resistance right at fib. arc intersections. 3 proven S/R, wonder if the 4th and 5th will follow through.

Comments

fximperija

⋅ Sep 14, 2014 4:33 PM

If the follow through works, we could see a pullback into 104 as support before highs beyond 108.

HexVex

⋅ Sep 12, 2014 1:44 PM

Beautiful work!