USDJPY Testing Support, Potential Bounce!
USDJPY is testing its support at 109.15 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) where price could bounce up to its resistance at 110.18 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.8% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 4.8% where a corresponding bounce could occur.
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