NZDJPY approaching resistance, potential drop!

NZDJPY is approaching our first resistance at 74.08 (horizontal overlap resistance, 23.6%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 72.35 (horizontal swing low support,78.6% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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