USD/JPY approaching resistance, potential drop!

USDJPY is approaching 1st resistance at 0.9805, potential drop could occur!

Entry :0.9805

Why it's good : horizontal pullback resistance

100% Fibonacci extension

50% Fibonacci retracement

Take Profit : 0.9692

Why it's good : 78.6% Fibonacci retracement

100% Fibonacci extension

Horizontal swing low support