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EURJPY Approaching Support, Potential Bounce!

Oleh ICmarkets
Broker
EURJPY is approaching its support at 127.77(100% Fibonacci extension x2, 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where price could bounce to its resistance at 130.20 (50% & 61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 1.93% where a corresponding bounce could occur.
Chart PatternsEUREURJPYeurjpylongForexforexsignalsHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
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.
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