NZDJPY Bounced Off Support, Potential Rise

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NZDJPY bounced nicely off its support at 77.34 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 77.94 (50% Fibonacci retracement, horizontal pullback resistance).

Stochastic (89, 5, 3) is bounced off its support at 5.8% where a corresponding rise could occur.

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