EURJPY is approaching our first resistance at 125.90 (61.8% & 50% Fibonacci retracement ,horizontal pullback resistance )where we might see a drop in price to our first support at 123.98 ( 76.4% Fibonacci retracement , horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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