USDJPY reversed nicely off its resistance at 110.69 (100% Fibonacci extension x2, horizontal swing high resistance) where we see it retracing back to before making a further move back down to its support at 109.70 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (55, 5, 3) reversed off its intermediate resistance at 90% where a corresponding drop could occur.
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