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FX.co ★ EUR/JPY reversed off key resistance, a drop is possible!

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Forex Analysis:::2019-06-03T02:29:42

EUR/JPY reversed off key resistance, a drop is possible!

EUR/JPY reversed off key resistance, a drop is possible!

EURJPY reversed off key resistance, a drop to first support is possible

Entry: 120.89

Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low resistance

Stop Loss : 120.56

Why it's good :100% Fibonacci extension,76.4% Fibonacci retracement

Take Profit : 121.58

Why it's good: 23.6% Fibonacci retracement, horizontal pullback resistance

EUR/JPY reversed off key resistance, a drop is possible!

Analyst InstaForex
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