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NZDJPY Approaching Support, Potential Bounce.
NZDJPY is approaching its support at 72.40 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 74.22 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 2.3% where a corresponding bounce could occur.
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