FX.co - EUR/JPY approaching support, potential bounce!

2019-12-16T03:58:02

Relevance until2019-12-17

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

*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 approaching support, potential bounce!