USDJPY testing resistance, potential reversal!
USDJPY is testing its resistance at 110.61 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse off, causing price to fall to its support at 110.00 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reaction could occur. We have also identified a bearish divergence with price which contributes to our bearish bias.
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reaction could occur. We have also identified a bearish divergence with price which contributes to our bearish bias.
Trade chiuso: obiettivo raggiunto
Dropped perfectly to our support target before bouncing off :)Nota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.