FX.co - EUR/JPY bouncing nicely off support, potential for further rise!

2020-03-06T09:41:56

Relevance until2020-03-07

Trading Recommendation

Entry: 118.927

Reason for Entry: 78.6% fibonacci retracement, 100% fibonacci extension

Take Profit : 120.003

Reason for Take Profit: Horizontal swing high resistance, 50.0% fibonacci retracement

Stop Loss: 118.408

Reason for Stop loss: Horizontal swing low 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 bouncing nicely off support, potential for further rise!