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USDJPY Testing Its Resistance, Potential Breakout!

Por ICmarkets
Corretora
USDJPY is testing its resistance at 110.63 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where if broken, a further move up to its next resistance at 111.14 (100% Fibonacci extension, 100% Fibonacci extension, horizontal swing high resistance) could occur.
Stochastic (89, 5, 3) still has a lot of upside potential.
Chart PatternsForexforexsignalsHarmonic PatternsjpyTrend AnalysisUSDUSDJPYusdjpylong
ICmarkets
Corretora
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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