USDJPY approaching resistance, potential drop!

2018년 6월 18일

USDJPY is approaching our first resistance at 112.09 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 108.49 (horizontal swing low support).
Stochastic (89,5,3) is also approaching our major resistance and a reaction off this level might see a corresponding drop in price.
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