ICmarkets

USDJPY Reversed Off Resistance, Potential Drop!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY reversed off its resistance at 1.09.94 (100% Fibonacci, horizontal pullback resistance) where could drop further to its support at 108.59 (50% Fibonacci retracement).
Ichimoku cloud shows signs of bearish pressure.

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