EUR/JPY facing bearish pressure from resistance, potential for further drop!

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Trading Recommendation

Entry: 119.249

Reason for Entry: 61.8% pullback Fibonacci extension, 23.6% fibonacci retracement

Take Profit : 118.092

Reason for Take Profit: 100% Fibonacci extension

Stop Loss: 119.765

Reason for Stop loss: 38.2% Fibonacci retracement

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

Source:: EUR/JPY facing bearish pressure from resistance, potential for further drop!

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