Get started
FXCM

EURJPY facing bullish pressure, potential for further upside!

Long
Euro / Japanese Yen (FX:EURJPY)  
FXCM Broker  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns EUR jpy eurjpylong
155
9
trendanalysis harmonicpatterns chartpattern eur jpy eurjpylong
EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement . If prices fall through 1st support level , prices might pullback to 2nd support which coincides with 61.8% Fibonacci extension and 50% Fibonacci extension . EMA is also below prices, signaling a bullish pressure on prices.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.