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USD/JPY broke below intermediate support; further drop
USDJPY is breaking below intermediate support at 106.29 where we are expecting a further drop below this level.
Entry :106.29
Why it’s good : horizontal overlap support
Take Profit : 105.83
Why it’s good : 61.8% Fibonacci extension
Horizontal overlap support
The material has been provided by InstaForex Company – www.instaforex.com
Source:: USD/JPY broke below intermediate support, further drop !