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USDJPY approaching support, potential bounce!

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Tickmill Broker  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns USDJPY USD jpy usdjpylong Forex forexsignals
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trendanalysis harmonicpatterns chartpattern usdjpy usd jpy usdjpylong forex forexsignals
USDJPY is approaching our first support at 111.25 (horizontal pullback support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce could occur pushing price up to our resistance at 114.86 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
RSI (34) is approaching support where we might see a corresponding rise in price should it bounce off this level.
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