USDJPY is testing its channel support!
USDJPY is testing its channel support at 109.21 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, channel support) where price could potentially rise to its resistance at 110.06 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching support where a bounce could occur.
Stochastic (55, 5, 3) is approaching support where a bounce could occur.
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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.