USDJPY appraoching resistance, potential drop!



Price is approaching our first resistance 109.01 (horizontal pullback resistance, 23.6& 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop to our major support 107.85(horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop.
Chart PatternsforexsignalsHarmonic PatternsjpyTrend AnalysisUSDUSDJPY

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