GBPJPY bounced nicely off its support, potential to rise further
GBPJPY bounced nicely off its support at 148.484 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 149.271 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) or to its 2nd resistance at 149.685 (61.8% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 147.802 (100% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) made a corresponding bounce off its support at 6.9% where it has a lot of upside potential.
Stochastic (89, 5, 3) made a corresponding bounce off its support at 6.9% where it has a lot of upside potential.
Trade fermée: cible de profit atteinte
GBPJPY rose nicely to our major resistance! Hope you guys got in on this trade!
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.