USDJPY approaching resistance potential drop!
USDJPY is approaching our first resistance at 110.03 (horizontal overlap resistance, 61.8% Fibonacci retracement) where price might potentially fall to our first support at 109.23 (horizontal overlap support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). A breakout below this level might push price down to our second support at 108.82 (horizontal swing low support, 38.2% Fibonacci retracement).
RSI (21) is also seeing a bearish exit and Ichimoku cloud is showing signs of bearish pressure in line with our bearish view.
RSI (21) is also seeing a bearish exit and Ichimoku cloud is showing signs of bearish pressure in line with our bearish view.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.