Euro / Japanese Yen
Long

EURJPY approaching support, potential bounce!

780


Price is approaching our first support (61.8% Fibonacci retracement, Horizontal overlap support, 100% Fibonacci extension) where a strong bounce to our major resistance ( Horizontal overlap resistance, 100 % Fibonacci extension, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a bounce.
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