USDJPY is approaching 1st resistance at 106.78, potential drop could occur.
Why it's good : horizontal swing high resistance
100% &61.8% Fibonacci extension
Take Profit : 105.70
Why it's good :horizontal swing low support
100% Fibonacci extension
38.2% Fibonacci retracement
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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