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EURJPY Reversed Off Resistance, Potential For Further Drop

Oleh ICmarkets
Broker
EURJPY reversed off its resistance at 129.30 (100% & 61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially drop further to its support at 128.84 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off near its resistance at 96% where a corresponding drop could occur.
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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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