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USDJPY approaching resistance, potential drop!

Satış
FX:USDJPY   ABD Doları / Japon Yeni
USDJPY is approaching our first resistance at 113.80 (horizontal swing high resistance, 61.8% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 111.35 (horizontal pullback support, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop in price.
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