EURJPY is approaching its resistance at 130.20 (100% & 61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 129.42 (23.6% Fibonacci retracement , horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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