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

2020-02-11T09:57:45

Relevance until2020-02-12

Trading Recommendation

Entry: 119.249

Reason for Entry: 61.8% Fibonacci extension, horizontal swing low support, 61.8% fibonacci retracement

Take Profit : 120.916

Reason for Take Profit: Horizontal swing high resistance, 38.2% fibonacci retracement

Stop Loss: 118.647

Reason for Stop loss: 78.6% fibonacci extension

*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!