EUR/JPY is approaching our first support level at 124.36 (horizontal swing low support, 23.6%, 78.6% Fibonacci retracement, 100% Fibonacci extension) where we expect a strong bounce above this level to our major resistance level at 124.97 (38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support.
EUR/USD is approaching our first support where we are expecting a bounce above this level.
Buy above 124.36. Stop loss 124.10. Take profit at 124.97
