USDJPY Testing Resistance, Potential Reversal
USDJPY is testing its resistance at 111.38 (100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 110.09 (61.8% Fibonacci retracement, horizontal swing low support) is expected.
Stochastic (55, 5, 3) is testing its resistance at 97% where a corresponding drop is expected.
Stochastic (55, 5, 3) is testing its resistance at 97% where a corresponding drop is expected.
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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.