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Euro / Iene Japonês
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EURJPY approaching resistance, potential drop!

Por ICmarkets
Corretora
EURJPY is approaching our first resistance at 127.74 (horizontal overlap resistance, 23.6%, 38.2%, 50% Fibonacci retracement) where price might potentially drop to our first support at 126.34 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Chart PatternsEUREURJPYeurjpylongeurjpyshortForexforexsignalsforextradingHarmonic PatternsjpyTrend Analysis
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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