FX.co ★ EURJPY dropping perfectly as expected, remain bearish

The price has reacted perfectly from our selling area. We remain bearish below the 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to the 119.65 support (Fibonacci extension, horizontal support, recent swing low support).

Stochastic (34,5,3) has reacted off our 92% resistance level perfectly.