USDJPY Reversed Off Its Resistance, Potential Drop!

USDJPY reversed off its resistance at 111.48 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 110.94 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
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