Euro / Japanese YenShort
EURJPY Approaching Resistance, Potential For A Reversal!
EURJPY is approaching its resistance at 126.94 (100% Fibonacci extension, 23.6% Fibonacci retracement x2, horizontal overlap resistance) where it could reverse down to its support at 124.84 (100% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.