USDJPY Reversed Off Resistance, Prepare For Further Drop

٧ مايو ٢٠١٩

USDJPY reversed off its resistance at 111.14 (61.8% Fibonacci extension 50% Fibonacci retracement , horizontal siwng high resistance) where it is expected to drop further to its support at 110.07 (78.6 Fibonacci retracement , 100% Fibonacci extension , horizontal swing low support).

Stochastic (21, 5, 3) reversed off its resistance where a corresponding drop is expected.