USD/JPY bears are in control with some way to go yet in the Stochastics riding in oversold territory. The target lines are based on Williams Fractals as price tests the cloud support below the 23.6% Fibo. A break of the 38.2% Fibo opens the 50% target with the confluence of the 31st Jan lows at 108.49. However, a reversion back to 110.80 and cloud resistance could be first port of call. Â FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD: No response to above-forecast China services PMI FX Street 3 years USD/JPY bears are in control with some way to go yet in the Stochastics riding in oversold territory. The target lines are based on Williams Fractals as price tests the cloud support below the 23.6% Fibo. A break of the 38.2% Fibo opens the 50% target with the confluence of the 31st Jan lows at 108.49. However, a reversion back to 110.80 and cloud resistance could be first port of call. Â Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.