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

EUR/JPY approaching support, potential bounce!

EUR/JPY approaching support, potential bounce!

Trading Recommendation

Entry: 118.271

Reason for Entry: Horizontal pullback support, breakout level

Take Profit : 119.497

Reason for Take Profit: Horizontal swing high resistance, 76.4% fibonacci retracement

Stop Loss: 117.976

Reason for Stop loss: Horizontal pullback support

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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