USD/JPY near key resistance, a drop is possible!

USDJPY near key resistance, a drop to 1st support is possible

Entry: 108.96

Why it's good : 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 109.91

Why it's good :50% Fibonacci retracement,horizontal swing high resistance

Take Profit : 107.74

Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support