Get started
Euro / Japanese Yen
Short

SHORT EURJPY is Approaching Resistance, Prepare For Further Drop

2 047
EURJPY is approaching its resistance at 125.21(61.8% Fibonacci extension ,50% Fibonacci retracement , horizontal swing high resistance) where it is expected to drop further to its support at 124.59(61.8% Fibonacci retracement , horizontal swing low support).

Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
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:
Chart PatternsEUREURJPYforexsignalsHarmonic PatternsjpyTrend Analysis

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.
Chart PatternsEUREURJPYforexsignalsHarmonic 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.