USDJPY Approaching Support, Prepare For A Bounce
USDJPY is approaching its support at 109.91 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 110.91(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
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