USDJPY approaching resistance, potential drop!

2019년 4월 8일

USDJPY at 111.69 (horizontal swing high resistance, 78.6% Fibonacci retracement, 161.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 110.79 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
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