EURJPY approaching support, potential bounce!

EURJPY is approaching our first support at 126.63 (horizontal overlap support, 100% fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 128.37 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.

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