USDJPY approaching resistance, potential drop!

2018년 11월 16일

USDJPY is approaching our first resistance at 113.65 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 112.97 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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