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We are bearish on EURJPY below 122.85 resistance (Fibonacci retracement, horizontal resistance) as we expect a push down towards the 121.26 support level (Fibonacci retracement, Fibonacci projection).
RSI (34) has made a pullback to our resistance line and saw a reaction off it.
Sell below 122.85. Stop loss at 123.35. Take profit at 121.26.
