USDJY approaching support, potential bounce!
USDJPY is approaching our first support at 111.41 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur above this level, pushing price up to our major resistance at 112.20 (horizontal pullback resistance, 61.8% Fibonacci retracement).
RSI (89) is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
RSI (89) is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Come join us today at : easymarkets.com/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.