FX.co - EUR/JPY facing bearish pressure from resistance, potential for further drop!

18 February 2020 at 9:35AM (UTC+0)

Relevance until19 February 2020 at 9:35AM (UTC+0)

Trading Recommendation

Entry: 119.249

Reason for Entry: 61.8% pullback Fibonacci extension, 23.6% fibonacci retracement

Take Profit : 118.092

Reason for Take Profit: 100% Fibonacci extension

Stop Loss: 119.765

Reason for Stop loss: 38.2% Fibonacci retracement

*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 facing bearish pressure from resistance, potential for further drop!