USDJPY Approaching Resistance, Potential Reversal!
USDJPY is approaching its resistance at 109.14 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse to its support at 108.77 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 87% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its resistance at 87% where a corresponding bounce could occur.
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