FX:GBPJPY   British Pound/Japanese Yen
162 0 1
The market has recently reached an oversold position as shown by the RSI Indicator. This is also an area of a 127.2 Fib Extension of the previous leg down, and is also a 78.6 Retracement of a higher time frame move up. Also, this is a great point of a prior support and resistance zone. I'm projecting that the market will hold this current level and rally to retest our most recent support/resistance zone around 133.95's. Great profit if the market can make its way back up. Let me know your thoughts.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out