USDJPY Approaching Resistance, Potential Reversal
USDJPY is approaching its resistance at 112.23 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially to reverse down to its support at 110.86 (horizontal overlap support).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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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.