USDJPY Approaching Support, Potential Bounce!
USDJPY is approaching its support at 110.18 (61.8% Fibonacci extension, 50% Fibonacci retracement x2, horizontal overlap support) where price could potentially bounce off from, rising to its resistance at 111.04 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4$ where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 4$ where a corresponding bounce 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.