Euro / Japanese Yen
Long

EURJPY Approaching Support, Prepare For A Bounce!

844
EURJPY is approaching its support at 128.56 (100%, 100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal overlap support) where it is expected to bounce up to its resistance at 130.20 (50% & 61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 1.9% where a corresponding bounce is expected.

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