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Euro / Japanese Yen
Short

EURJPY Approaching Resistance, Potential Reversal

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EURJPY is approaching its resistance at 124.85 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it may reverse down to its support at 124.43 (61.8% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
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Chart PatternsEUREURJPYeurjpylongeurjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis

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Chart PatternsEUREURJPYeurjpylongeurjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.