EURJPY drop expected towards key level of support
We’re seeing major support at 131.73 (Multiple 100% Fibonacci extensions, 61,8% Fibonacci extension, horizontal swing low support) and a possible bounce could occur at this level. Our next major level of resistance is 132.73 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 131.16 (Major swing low support).
Stochastic (55,3,1) is seeing major support at 1.8%.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55,3,1) is seeing major support at 1.8%.
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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