USDJPY testing Pivot, potential for reversal
From tickmill.com
{chart} USDJPY is testing Pivot, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance, where we could see a reversal and further downside towards 1stSupport, in line with 61.8%, 100% Fibonacci extension levels and horizontal swing low supprt. Stochastics is also testing the resistance where price has reversed from before, showing bearish pressure in line with our analysis. {chart}
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