USDJPY Tested Major Resistance, Potential For A Drop!
USDJPY tested its resistance at 109.80 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where price could drop further to its support at 109.10 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) tested its resistance at 97% where we expect to see a corresponding drop.
Stochastic (55, 5, 3) tested its resistance at 97% where we expect to see a corresponding drop.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.