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USDJPY approaching resistance, potential bounce!

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TradeGATEHub  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns usjdpy USD jpy usdjpylong usdjpyshort
30
0
trendanalysis harmonicpatterns chartpattern usjdpy usd jpy usdjpylong usdjpyshort
USDJPY is approaching our first resistance at 111.54 (horizontal overlap resistance,50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our first resistance at 112.01 (horizontal swing high resistance, 76.4% Fibonacci retracement) might occur.
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