EURJPY Approaching Support, Prepare For A Bounce!
EURJPY is approaching its support at 129.60 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where a bounce could occur, causing price to rise to its resistance at 131.12 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.5% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 2.5% where a corresponding bounce could occur.
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