USDJPY Testing Resistance, Potential Reversal!
USDJPY is testing its resistance at 112.22 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 111.28 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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