ICmarkets
Short

EURJPY Approaching Resistance, Potential Reversal!

OANDA:EURJPY   Euro / Japanese Yen
EURJPY is approaching its resistance at 131.32 (76.4% & 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 129.23 (61.8% Fibonacci extension , horizontal pullback support).
Stochastic ( 89, 5, 3) is approaching resistance at 98% where a corresponding reaction could occur.
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