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USDJPY Approaching Resistance, Potential Reversal

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ICmarkets Broker  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns USD jpy usdjpylong usdjpyshort USDJPY Forex forextrading forexsignal
127
1
trendanalysis harmonicpatterns chartpattern usd jpy usdjpylong usdjpyshort usdjpy forex forextrading forexsignal
USDJPY is approaching its resistance at 112.23 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially to reverse down to its support at 110.86 (horizontal overlap support).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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