FX.co - EUR/JPY near key resistance, a drop is possible!

2019-06-07T02:15:09

Relevance until2019-06-08

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

Entry: 122.24

Why it's good : 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance

Stop Loss : 122.76

Why it's good :61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 121.32

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

EUR/JPY near key resistance, a drop 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 resistance, a drop is possible!