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USDJPY Testing Support, Potential Bounce

Di ICmarkets
Broker
USDJPY is testing its support at 112.191 (100% Fibonacci extension, 23.6% & 38.2% Fibonacci retracement and horizontal overlap support) where it could potentially bounce to its resistance at 113.494 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its support at 2.32% where a corresponding bounce could occur.
audCADChart PatternschfEURGBPHarmonic PatternsjpyTrend AnalysisUSDUSDJPY
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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