Euro / Yen Jepun
Singkat

EURJPY approaching resistance, potential drop!

878
EURJPY is approaching our first resistance at 128.58 (61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 127.58 (61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal swing high resistance).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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