NZDJPY approaching support, potential bounce!

NZDJPY is approaching our first support at 75.00 (50% Fibonacci retracement, Horizontal overlap support, 61.8% Fibonacci extension) and a strong bounce might occur below this level pushing price up to our major resistance 75.81 (61.8% Fibonacci retracement).

Stochastic (21, 5, 3) is approaching its support where a corresponding bounce could occur.

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