FX.co - EUR/JPY near key support, a bounce is possible!

2019-06-06T01:43:07

Relevance until2019-06-07

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

Entry: 121.32

Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance

Stop Loss : 122.24

Why it's good :50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance

Take Profit : 120.79

Why it's good: 76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

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

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