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USDJPY approaching resistance, potential drop!

Singkat
Dolar A.S. / Yen Jepun (FX:USDJPY)  
easyMarkets Broker  
FX:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Harmonic Patterns Chart Patterns USDJPY USD jpy usdjpylong usdjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern usdjpy usd jpy usdjpylong usdjpyshort forex forextrading forexsignals
USDJPY is approaching our first resistance at 113.37 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 111.35 (horizontal pullback support, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also reacting off our resistance and we might see a corresponding drop in price.
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