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USDJPY approaching 1st resistance, potential for a reversal

Singkat
Dolar A.S. / Yen Jepun (FOREXCOM:USDJPY)  
TradeGATEHub  
FOREXCOM:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Harmonic Patterns Chart Patterns USDJPY USD jpy usdjpyshort
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trendanalysis harmonicpatterns chartpattern usdjpy usd jpy usdjpyshort
Price is approaching 1st resistance, which is in line with 78.6% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback resistance. We could potentially see a reversal at this level and further downside towards 1st support, in line with 127.2% Fibonacci extension and horizontal pullback support. RSI is also testing the descending trendline resistance, showing signs of bearish pressure as well.

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