USDJPY Reversed Off Its Resistance, Potential Drop!
USDJPY reversed off its resistance at 111.48 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 110.94 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
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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.