USDJPY approaching resistance, potential drop!


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

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