USDJPY reversed from resistance, potential drop!

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen

USDJPY reversed off its resistance at 109.852 where it could potentially drop further to 107.898.
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This analysis is provided as general market commentary and does not constitute investment advice.
Hi how is your resistance level at 109.852 determined? I'm also short biased for now and agree 108 level will be first support where retracement could be possible for a bigger down move in medium term.

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