USDJPY: Bullish Continuation
Price is falling towards the overlap support level which also aligns with the 100% fib projection and the 23.6% fib retracement.
I can also spot an ascending trendline support confirming the bullish trend.
I believe a rejection from this level could lead the price to rise to the 1st resistance which also lines up with the 161.8% fib projection.
I'm bullish biased!
I can also spot an ascending trendline support confirming the bullish trend.
I believe a rejection from this level could lead the price to rise to the 1st resistance which also lines up with the 161.8% fib projection.
I'm bullish biased!
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