FX.co - EURJPY facing bullish pressure, potential for further upside

2020-07-21T03:52:49

Relevance until2020-07-22

Trading Recommendation

Entry: 122.542

Reason for Entry: Ascending trend line, 61.8% fibonacci retracement and 61.8% fibonacci extension

Take Profit: 123.345

Reason for Take Profit: 78.6% fibonacci retracement

Stop Loss: 121.962

Reason for Take Profit: Horizontal overlap support, 38.2% 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 ★ EURJPY facing bullish pressure, potential for further upside