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FXCM
Mar 18, 2021 9:19 AM

EURJPY facing bullish pressure, potential for further upside! Long

Euro Fx/Japanese YenFXCM

Description

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.
Comments
ser311waz
Thank you!
Enna_Bla
excellent man, a drink for you :) :)
seucgpacfd
Nice work man, i hope you make more posts like this one. And keeping the updates, thanks man.
desainrogantoni
Thanks for the good analysis once again!
philipdarr0k
Wow, great call!
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