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FX.co ★ EUR/JPY bounced off key support, further rise possible!

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Forex Analysis:::2019-05-10T01:54:58

EUR/JPY bounced off key support, further rise possible!

EUR/JPY bounced off key support, further rise possible!

EURJPY bounced off its support where it could rise further

Entry:122.52

Why it's good :100% Fibonacci extension*2, 61.8% Fibonacci retracement

Stop Loss : 120.84

Why it's good :50% fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

Take Profit : 124.332

Why it's good: 38.2% Fibonacci retracement, 61.8% Fibonacci retracement horizontal swing high resistance

EUR/JPY bounced off key support, further rise possible!

Analyst InstaForex
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