USDJPY appraoching resistance, potential drop!

10 ביוני 2019

Price is approaching our first resistance 109.01 (horizontal pullback resistance, 23.6& 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop to our major support 107.85(horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop.