EURJPY near support, could possibly bounce

USDJPY is approaching our first support at 121.32 (61.8% Fibonacci extension, horizontal swing low resistance, 61.8% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 122.24(horizontal overlap resistance, ,100%Fibonacci extension, 50% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk.
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