USDJPY Approaching Resistance, Potential Reversal!
USDJPY is approaching its resistance at 110.83 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 110.18 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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