USDJPY right on major support in an ascending channel!
USDJPY is in a strong ascending channel and is now testing strong 1st support at 110.51 (Fibonacci retracement, Fibonacci extension, horizontal pullback support) and a strong bounce could occur at this level to push prices up towards major resistance at 111.40 (Fibonacci extension, horizontal swing high resistance).,
Stochastic (34,5,3) is seeing major support above 7.1% 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 (34,5,3) is seeing major support above 7.1% 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.
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