USDJPY Approaching Support, Potential For A Bounce
USDJPY is approaching its support at 112.63 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 113.07 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
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