Get started
U.S. Dollar / Japanese Yen
Short

USDJPY Approaching Resistance, Potential Reversal

By ICmarkets
Broker
USDJPY is approaching its resistance at 113.82 (61.8% Fibonacci extension, 76.4% Fibonacci retracement) where it could potentially reverse down to its support at 113.08 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.

audCADChart PatternschfEURGBPHarmonic PatternsjpyNZDTrend AnalysisUSDUSDJPY
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.