USD/JPY:BUY From 61.8% FIBO Swing Trading for LONG Setup.

By FOREXN1
Updated
In the last sessions, the Dollar had a pullback in the previous support area in confluence with the Fibonacci Levels of 50% and 61.8%. Inside this range of Fibonacci levels is where the price finds the turning point to continue in the direction of the main trend, the Uptrend. The RSI in the last session turned Bullish again meanwhile the stochastic seems ready to go out from the oversold area for a new long impulse by the price. The alternative scenario will happen if the price goes contrarian to our idea.
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Technical IndicatorsTrend AnalysisUSDJPY
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