EURJPY Approaching Support, Potential Bounce!
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.
Stochastic (89, 5, 3) is approaching its support at 1.93% where a corresponding bounce could occur.
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