USD/JPY reversed off 1st resistance, further drop!

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USDJPY reversed off 1st resistance at 108.956, further drop could occur!

Entry :108.956

Why it's good : horizontal swing high resistance

100% Fibonacci extension

Take Profit : 108.365

Why it's good : 38.2% Fibonacci retracement

61.8% Fibonacci extension

Horizontal pullback support

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