SHORT USDJPY Approaching Support, Potential Bounce!
USDJPY is approaching its support at 111.03 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 111.44 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 8.07% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 8.07% where a corresponding bounce could occur.
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