USDJPY is approaching our first resistance at 112.19 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback resistance) where price might drop to its support at 111.25 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.