USD/JPY is approaching its resistance at 113.82 (61.8% Fibonacci extension, 76.4% Fibonacci retracement) where it is expected to reverse down to its support at 113.08 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
USD/JPY is approaching its resistance where we expect to see a reversal.
Sell below 113.82. Stop loss 114.24. Take profit at 113.08.
