UKOILSPOT potential trend reversal!

Price is currently experiencing bearish pressure and consolidating between our resistance at 75.24 in line with 50% Fibonacci retracement and pivot at 74.67. With MacD depicting a cross above the equilibrium, we foresee a potential trend reversal to our area of take profit at 73.93 in line with 127.2% Fibonacci...

#USDJPY retesting pivot, potential for drop

Price is retesting trendline resistance at pivot level at 109.940, in-line with 78.6% Fibonacci retracement level, 161.8% Fibonacci extension level and trendline resistance. Price could potentially drop to support at 109.340, in-line with 61.8% Fibonacci retracement level, 61.8% Fibonacci retracement level and horizontal overlap support. Stochastic is also approaching resistance...

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