Although the bigger picture remains bearish. USDJPY has hit its possible reversal level.
Based on true Fibonacci retracement levels, the following are the main support and resistance levels:
R3: 112.00
R2: 110.95
R1: 108.8
S1: 107.75
S2: 105.25
S3: 103.55
Based on true Fibonacci retracement levels, the following are the main support and resistance levels:
R3: 112.00
R2: 110.95
R1: 108.8
S1: 107.75
S2: 105.25
S3: 103.55