FX.co ★ USD/JPY profit target reached perfectly, prepare to sell

The price has reached our profit target from previously. We look to sell below major resistance at 112.70 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to at least 110.98 support (Fibonacci extension, Fibonacci retracement, horizontal overlap support).

Stochastic (34,3,1) is seeing major resistance at 97% where we expect a strong drop from.

Sell below 112.70. Stop loss is at 113.41. Take profit is at 110.98.