NZDJPY is approaching our first resistance at 74.08 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 72.38 (horizontal swing low support).
Stochastic (89,5,3) is also approaching our major resistance where we might see a corresponding drop in price should it react off this level.
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