FX.co ★ USD/JPY approaching resistance, possible drop!

Price is reaching resistance at 108.740, a drop could occur!

Entry :108.740

Why it's good : horizontal swing high resistance

61.8% Fibonacci extension

50% Fibonacci retracement

Take Profit : 107.885

Why it's good :38.2% Fibonacci retracement

61.8% Fibonacci extension

Horizontal swing low support