EURJPY is approaching our first support at 122.52 (100% & 61.8% Fibonacci extension, horizontal swing low support ) where it could potentially bounce to its resistance 123.59 (38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance,100% Fibonacci extension).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Share this post: