USDJPY is approaching our first resistance at 109.80(horizontal swing low support, 61.8% Fibonacci extension,38.2% Fibonacci retracement ) where a strong drop might occur pushing the price down to our major support at 108.65(horizontal swing high resistance, ,50%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance
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Chart PatternsforexsignalsHarmonic PatternsjpyTrend AnalysisUSDUSDJPY

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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