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USDJPY Approaching Support, Potential Bounce!
USDJPY is approaching its support at 109.44 (76.4% Fibonacci retracement, 100% Fibonacci extension x2, horizontal swing low support) where it could potentially bounce up to its resistance at 111/40 (76.4% & 50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
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