USDJPY is approaching Pivot, potential for a bounce.
Price is approaching our Pivot point which is in line with our 38.2% Fibonacci retracement, 38.2% Fibonacci extension and horizontal overlap support. We could potentially see price bounce at this level and make a further rise to our 1st resistance level at 106.691, which is in line with our -27.2% FIbonacci retracement and 61.8% Fibonacci extension. It is worth noting that price is still trending above the Ichimoku cloud, in line with our bullish bias.
Pivot: 105.707
Why we like it:
38.2% Fibonacci retracement, 38.2% Fibonacci extension and horizontal overlap support
1st Support: 104.844
Why we like it:
78.6 fibonacci retracement, 100% Fibonacci extension and horizontal overlap support
1st Resistance: 105.691
Why we like it:
-27.2% FIbonacci retracement and 61.8% Fibonacci extension
Trading FX & CFDs carries high risk.
Pivot: 105.707
Why we like it:
38.2% Fibonacci retracement, 38.2% Fibonacci extension and horizontal overlap support
1st Support: 104.844
Why we like it:
78.6 fibonacci retracement, 100% Fibonacci extension and horizontal overlap support
1st Resistance: 105.691
Why we like it:
-27.2% FIbonacci retracement and 61.8% Fibonacci extension
Trading FX & CFDs carries high risk.
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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.
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.