EURJPY Bounced Off Support, Potential Further Rise!
EURJPY bounced nicely off its support at 124.83 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 125.57 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is bounced off its support at 2.4% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 2.4% where a corresponding rise could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.