Dollar A.S. / Yen JepangPembelian
USDJPY approaching support, potential bounce!
USDJPY is approaching our first support (horizontal overlap support, 38.2% Fibonacci retracement) where a strong bounce might occur to our first resistance (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce in price.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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