EURJPY testing resistance, could possibly drop
E
Price is testing its 1st resistance (61.8% Fibonacci extension, horizontal swing high resistance, 38.2% & 76.4% Fibonacci retracement) where it is expected to reverse down to its support (horizontal swing low support,61.8% Fibonacci retracement,23.6% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is testing its 1st resistance (61.8% Fibonacci extension, horizontal swing high resistance, 38.2% & 76.4% Fibonacci retracement) where it is expected to reverse down to its support (horizontal swing low support,61.8% Fibonacci retracement,23.6% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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