USD/JPY bounced up support, possible bounce!

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Price is bouncing up 1st support at 108.118, a bounce could occur.

Entry :108.118

Why it's good : 23.6% Fibonacci retracement

Horizontal pullback support

61.8% Fibonacci extension

Take Profit : 108.73

Why it's good :horizontal swing high resistance

61.8% & 50%Fibonacci retracement

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