Euro / Japanese YenShort
EURJPY Testing Resistance, Potential Reversal!
EURJPY is testing its resistance at 126.68 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 125.59 (horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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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.