EURJPY is Approaching Resistance, Prepare For Further Drop
EURJPY is approaching its resistance at 125.21(61.8% Fibonacci extension ,50% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 124.59(61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
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