USDJPY is reversing off 1st resistance at 107.49 and could drop further from here!
Entry :107.49
Why it's good :horizontal swing high resistance
61.8% Fibonacci retracement
61.8% Fibonacci extension
Take Profit : 107.09
Why it's good :horizontal pullback support
23.6% Fibonacci retracement, 61.8% Fibonacci extension
The material has been provided by InstaForex Company - www.instaforex.com