EUR/JPY is approaching its resistance at 130.20 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 129.42 (23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
EUR/JPY is approaching its resistance where we expect to see a reversal.
Sell below 130.20. Stop loss 130.76. Take profit at 129.42.
