NZDJPY approaching major support, prepare for a potential bounce

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NZDJPY is approaching major support at 76.08 (Fibonacci extension, horizontal swing low support, Elliott wave structure) and a potential bounce could occur at this level to drive price up to 77.66 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).

Stochastic (34,5,3) is seeing major support at 1.7% where a corresponding bounce could occur.

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