EURJPY facing bearish pressure from our resistance, potential reversal

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Trading Recommendation

Entry: 122.208

Reason for Entry: 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal pullback resistance and break out trend line

Take Profit: 121.203

Reason for Take Profit: Horizontal overlap support, 61.8% fibonacci retracement

Stop Loss: 122.511

Reason for Take Profit: Horizontal swing high resistance

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