EURJPY Approaching Support, Prepare For A Bounce

EURJPY is approaching its support at 122.52 (100% Fibonacci extension*2, 61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 124.33(61.8%& 38.2% Fibonacci retracement, 61.8% Fibonacci retracement horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.