EURJPY approaching resistance, potential drop!

EURJPY is approaching our first resistance at 125.946 (horizontal swing high resistance, 50%, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 124.92 (horizontal swing low support, 61.8% fiboancci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.