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EURJPY approaching resistance, potential drop!

Oleh easyMarkets
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Price is approaching our first resistance (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop to our major support (horizontal swing low support, 61.8% Fibonacci retracement) might occur. Stochastic is also approaching resistance and ichimoku cloud is under bearish pressure as well.
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Chart PatternsEUREURJPYeurjpylongeurjpyshortForexforexsignalsforextradingHarmonic PatternsjpyTrend Analysis
easyMarkets
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