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FX.co ★ USDJPY reacting above support. Bounce incoming!

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Forex Analysis:::2021-07-19T10:19:12

USDJPY reacting above support. Bounce incoming!

USDJPY holding above short term ascending trendline support. A short term bounce above 1st support at 109.850 towards graphical swing high resistance and 1st resistance at 110.341 could be possible. Stochastic indicator is approaching support where price bounced in the past as well

 USDJPY reacting above support. Bounce incoming!

Analyst InstaForex
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