USDJPY Approaching Support, Potential Bounce
USDJPY is approaching its support at 112.65 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 113.19 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 5% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 5% where a corresponding bounce could 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.