GBPJPY tested its resistance, potential to drop further!
GBPJPY reacted off its resistance at 150.852 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its 1st support at 148.888 (100% Fibonacci extension, 61.8% Fibonacci retracement). If it breaks past this level it could fall to its 2nd support at 147.926 (100% Fibonacci extension). We have also identified another resistance at 151.679 (100% Fibonacci extension).
Stochastic (89, 5, 3) had a corresponding reaction off its resistance at 96.3% where it has a lot of downside potential. A bearish divergence with price has also been identified, which contributes to our bearish bias.
Stochastic (89, 5, 3) had a corresponding reaction off its resistance at 96.3% where it has a lot of downside potential. A bearish divergence with price has also been identified, which contributes to our bearish bias.
أغلقت الصفقة: تم الوصول للهدف
nice! GBPJPY dropped nicely to our support target!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.