Pepperstone
Short

EURJPY Broke Past Major Support, Potential Further Drop!

FX:EURJPY   Euro / Japanese Yen
EURJPY broke out of its major support at 125.60 where it could potentially fall further to its support at 124.83 (61.8% & 100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support).
RSI (89) is being held down by a descending line which adds to its bearish pressure.


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