Klimex

EURJPY Testing Resistance, Potential Reversal

Short
FX:EURJPY   Euro / Japanese Yen
EURJPY is testing its resistance at 125.06 (38.2% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse to its support at 121.86 (50% Fibonacci retracement ).
Stochastic (89, 5, 3) is testing its resistance at 98% where a corresponding reversal could occur.
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