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CHFJPY approaching resistance, potential drop!

FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY is approaching our first resistance at 114.03 (horizontal overlap resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 113.12 (horizontal overlap support, 61.8% Fibonacci extension , 50% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
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