Euro / Japanese YenShort
EURJPY Approaching Resistance, Potential Reversal!
EURJPY is approaching its resistance at 131.32 (76.4% & 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 129.23 (61.8% Fibonacci extension, horizontal pullback support).
Stochastic ( 89, 5, 3) is approaching resistance at 98% where a corresponding reaction could occur.
Stochastic ( 89, 5, 3) is approaching resistance at 98% where a corresponding reaction could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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.
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.