USDJPY Reversed Off Its Resistance, Potential Drop!
USDJPY reversed off its resistance at 111.64 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance, descending resistance line) where it could drop further to its support at 110.91(61.8% Fibonacci retracement). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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.
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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