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EURJPY Approaching Support, Potential Bounce

EURJPY is approaching its support at 126.84 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 128.37 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 2.2% where a corresponding bounce could occur.

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