USD/JPY approaching intermediate resistance, potential drop!

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USDJPY is approaching intermediate resistance at 106.41, potential drop could occur.

Entry :106.41

Why it's good : 61.8% Fibonacci extension

100% Fibonacci extension

Horizontal swing high resistance

Take Profit : 105.91

Why it's good :horizontal swing low support

100% Fibonacci extension

61.8% Fibonacci retracement

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