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Tickmill
Jun 11, 2019 2:43 AM

EURJPY testing resistance, could possibly drop  Short

Euro Fx/Japanese YenFXCM

Description

E
Price is testing its 1st resistance (61.8% Fibonacci extension, horizontal swing high resistance, 38.2% & 76.4% Fibonacci retracement) where it is expected to reverse down to its support (horizontal swing low support,61.8% Fibonacci retracement,23.6% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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Comments
DACapitalTrading
thanks for sharing mate
eajoc
same view on 2nd resistance:
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