Euro / Japanese YenShort
EURJPY right below major resistance where a reversal could occur
EURJPY is fast approaching major resistance at 129.05 (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 125.16 (Fibonacci extension, horizontal swing low support).
Stochastic (21,5,3) is also seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21,5,3) is also seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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