FXCM

EURJPY potential for bounce! | 20 Dec 2021

Long
FX:EURJPY   Euro / Japanese Yen
Prices are on approaching a recent swing low. We see the potential for a bounce from our buy entry at 127.489 in line with 100% Fibonacci extension towards our Take Profit at 128.688 in line with 23.6% and 50% Fibonacci retracement . Technical indicators are showing bullish momentum.

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