EUR/JPY near key support, a bounce is possible!

EURJPY near key support, a bounce to 1st resistance is possible

Entry:122.52

Why it's good :61.8% Fibonacci extension, 100% Fibonacci extension, horizontal swing low support

Stop Loss : 121.78

Why it's good :100% Fibonacci extension

Take Profit : 123.59

Why it's good: 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance,100% Fibonacci extension