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03.06.201904:29 Analytische Bewertungen Forex: EUR/JPY reversed off key resistance, a drop is possible!

Exchange Rates 03.06.2019 analysis

EURJPY reversed off key resistance, a drop to first support is possible

Entry: 120.89

Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low resistance

Stop Loss : 120.56

Why it's good :100% Fibonacci extension,76.4% Fibonacci retracement

Take Profit : 121.58

Why it's good: 23.6% Fibonacci retracement, horizontal pullback resistance

Exchange Rates 03.06.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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Daily Video Analysis: USDCAD holding below descending trendline resistance! Potential for drop!
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