USDJPY approaching resistance, potential drop!

USDJPY is approaching our first resistance at 112.00 (horizontal pullback resistance, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension, long term descending resistance line) and a strong reaction might occur below this level pushing price down to our major support at 109.21 (horizontal swing low support, 38.2%, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is approaching its resistance and a reaction off this level might see a corresponding drop in price should it react off this level.
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