EURJPY Approaching Resistance, Potential Reversal

FX:EURJPY   Euro / Japanese Yen
EURJPY is approaching its resistance at 129.12 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse to its support at 127.69 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support).

Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.


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