EURJPY reversed off resistance, could possibly drop

FX:EURJPY   Euro / Japanese Yen

EURJPY reversed off our first resistance at 122.74 (61.8% Fibonacci extension ,23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially drop to its support at 122.12 (horizontal swing low support, 100% Fibonacci extension ).
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This analysis is provided as general market commentary and does not constitute investment advice.
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