Resistance: 114.666Support: 113.44Pivot: 113.98Type:Bearish ReversalPreference:Prices is on a bearish momentum. We see a potential sell entry at 113.98 in line with 61.8% Fibonacci extension towards our 1st support at 113.44 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension.Alternative Scenario:Alternatively prices might go higher towards our 1st resistance at 114.666 which is an area of Fibonacci confluences.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usdjpy-potential-short-pullback-or-3-nov-2021"
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