USDJPY is approaching Pivot, in line with 61.8% Fibonacci retracement and 100% Fibonacci extension, where we could see a short term bounce and further upside towards 1st Resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the moving average support, in line with our bullish bias.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usdjpy-approaching-pivot-potential-for-short-term-bounce"
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