EUR/JPY approaching support, potential bounce!

Trading Recommendation

Entry: 121.292

Reason for Entry: 50% Fibonacci retracement, horizontal pullback support

Take Profit : 122.1638

Reason for Take Profit:

61.8% Fibonacci retracement, Horizontal swing high resistance

Stop Loss: 121.0268

Reason for Stop loss:

61.8% Fibonacci retracement, Horizontal pullback support