USDJPY testing resistance, big potential drop!
Price is approaching our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a drop in price to our major support (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic is approaching resistance as well.
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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