USDJPY Approaching Support, Potential Bounce
USDJPY is approaching its support at 112.65 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 113.19 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 5% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 5% where a corresponding bounce could occur.
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