EURJPY near key support, a bounce to 1st resistance is possible
Entry:122.52
Why it’s good :61.8% Fibonacci extension, 100% Fibonacci extension, horizontal swing low support
Stop Loss : 121.78
Why it’s good :100% Fibonacci extension
Take Profit : 123.59
Why it’s good: 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance,100% Fibonacci extension
The material has been provided by InstaForex Company – www.instaforex.com
EURJPY near key support, a bounce to 1st resistance is possible
Entry:122.52
Why it’s good :61.8% Fibonacci extension, 100% Fibonacci extension, horizontal swing low support
Stop Loss : 121.78
Why it’s good :100% Fibonacci extension
Take Profit : 123.59
Why it’s good: 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance,100% Fibonacci extension
The material has been provided by InstaForex Company – www.instaforex.com
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