USDJPY testing its support, potential to rise further!
USDJPY is testing its support area at 106.65 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support, ascending support line) where it could potentially rise to its 1st resistance at 108.02 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal pullback resistance). We have also identified another support at 106.08 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (34, 5, 3) made a corresponding bounce off its support where it has a lot of upside potential.
Stochastic (34, 5, 3) made a corresponding bounce off its support where it has a lot of upside potential.
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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.