EUR/JPY approaching resistance, potential drop!

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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!

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