EURUSD approaching strong resistance,prepare potential reaction

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EURUSD is approaching strong resistance at 1.2365 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push prices down to major support at 1.2165 (Fibonacci extension, major horizontal swing low support).

Stochastic (34,5,3) is seeing major resistance at 95% and a corresponding reaction could occur at this level.

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