USDJPY Approaching Resistance, Potential Reversal!
USDJPY approaching resistance at 113.00 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 111.77 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding drop could occur.
Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding drop 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.