EURJPY Approaching Support, Potential Bounce
EURJPY is approaching its support at 126.90 (76.4% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 129.24 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.
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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.