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USDJPY Bounced Off Support, Potential Rise!
USDJPY bounced nicely off its support at 110.88 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 111.31 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support at 2.6% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 2.6% where a corresponding rise could occur.
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