EURJPY is Approaching Resistance, Prepare For Further Drop


EURJPY is approaching its resistance at 125.21(61.8% Fibonacci extension ,50% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 124.59(61.8% Fibonacci retracement, horizontal swing low support).

Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.


Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsEUREURJPYforexsignalsHarmonic PatternsjpyTrend Analysis

إخلاء المسؤولية