EURJPY Testing Support, Potential For A Bounce
EURJPY is approaching its support at 127.94 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where price could bounce up to its resistance at 129.69 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
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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.
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