Euro / Japanese YenShort
EURJPY Testing Resistance, Potential For Reversal
EURJPY is testing its resistance at 129.43 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 127.88 (38.2% Fibonacci retracement)could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop 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.