EUR/JPY approaching resistance, potential drop!

analytics5e5f6ed379cb5.png

Trading Recommendation

Entry:120.109

Reason for Entry: Horizontal swing high,61% Fibonacci retracement

Take Profit :118.87

Reason for Take Profit: 127% Fibo retracement 78% Fibonacci extension

Stop Loss: 120.496

Reason for Stop loss: Horizontal swing high resistance

The material has been provided by InstaForex Company – www.instaforex.com

Source:: EUR/JPY approaching resistance, potential drop!

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply

*