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NZDJPY broke out of its support turned resistance!

NZDJPY broke past its support turned resistance at 77.41 (horizontal overlap resistance) where price could potentially fall further to its major support at 76.49 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop down could occur.

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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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