Tickmill

USDJPY reversed off key resistance, could possibly drop

Short
FX:USDJPY   U.S. Dollar / Japanese Yen

USDJPY is testing our first resistance at 110.043 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 109.047(horizontal swing low support, 100% Fibonacci extension).
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