FX.co - EUR/JPY approaching support, potential bounce!

2019-12-04T03:55:15

Long-term review

Trading Recommendation

Entry: 120.0051

Reason for Entry: 100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support

Take Profit : 120.6125

Reason for Take Profit: Horizontal overlap resistance, 61.8% Fibonacci retracement

Stop Loss: 119.6574

Reason for Stop loss::

horizontal swing low support, 76.4% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/JPY approaching support, potential bounce!