Euro / Iene Japonês
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EURJPY Bounced Off Support, Potential For A Further Rise

EURJPY bounced nicely off its support at 127.64 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially rise to its resistance at 128.41 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur.

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