18.02.202011:35 Forex Analysis & Reviews: EUR/JPY facing bearish pressure from resistance, potential for further drop!

Exchange Rates 18.02.2020 analysis

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

Dean Leo,
Analytical expert
InstaForex Group © 2007-2020
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