EUR/JPY bouncing nicely off support, potential for further rise!

Trading Recommendation

Entry: 118.927

Reason for Entry: 78.6% fibonacci retracement, 100% fibonacci extension

Take Profit : 120.003

Reason for Take Profit: Horizontal swing high resistance, 50.0% fibonacci retracement

Stop Loss: 118.408

Reason for Stop loss: Horizontal swing low support