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USDJPY reversing from swing high, potential for drop
chart USDJPY is reversing from swing high resistance, where we could see further downside as Stochastics is also showing potential for bearish pressure. A break and close below the Pivot, in line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension, could see price swing towards the 1st Support, in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. chart
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