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05.09.2019 06:43 AM
USD/JPY approaching resistance, potential drop!

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USDJPY is approaching 1st resistance at 106.78, potential drop could occur.

Entry :106.78

Why it's good : horizontal swing high resistance

100% &61.8% Fibonacci extension

Take Profit : 105.70

Why it's good :horizontal swing low support

100% Fibonacci extension

38.2% Fibonacci retracement

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Dean Leo,
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