USDJPY reversed off key resistance, could possibly drop
USDJPY is testing our first resistance at 110.043 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 109.047(horizontal swing low support, 100% Fibonacci extension).
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results