USDJPY approaching resistance, potential drop!

1 февр. 2019 г.

USDJPY is approaching our first resistance at 109.14 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 108.74 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is approaching resistance where we might see a drop in price.
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