JP225USD is approaching our first support at 22205 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 23673 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
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