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EURJPY Bounced Off Support, Prepare For A Further Rise

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Euro / Yen Jepang (FX:EURJPY)  
ICmarkets Broker  
FX:EURJPY   Euro / Yen Jepang
Trend Analysis Chart Patterns Wave Analysis EURJPY EUR jpy CAD aud USD GBP NZD chf
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trendanalysis chartpattern waveanalysis eurjpy eur jpy cad aud usd gbp nzd chf
EURJPY bounced nicely off its support at 127.49 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 129.80 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support at 3.7% where a corresponding rise could occur.
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