FX.co - EUR/JPY approaching resistance, potential drop!

2020-03-04T09:04:31

Relevance until2020-03-05

Trading Recommendation

Entry:120.109

Reason for Entry: Horizontal swing high,61% Fibonacci retracement

Take Profit :118.87

Reason for Take Profit: 127% Fibo retracement 78% Fibonacci extension

Stop Loss: 120.496

Reason for Stop loss: Horizontal swing high resistance

*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 resistance, potential drop!