USDJPY Approaching Support, Prepare For A Bounce
USDJPY is approaching its support at 110.35(horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement) where it could potentially bounce to its resistance at 111.13 (50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.