EvanJones
Long

Important Fib areas for price to rebound

FX:EURJPY   Euro Fx/Japanese Yen
35 0 3
EURJPY             has been in a nice bear trend since the turn off last year and is now approaching some key fib areas in the form of a correction.

Looking at price, the 50% and 38.2% represent key fib levels if price is correcting , presuming this is an uptrend or bullish trend . I expect some support at this key levels and would suggest that watching price close above these levels would give a good indication for a buy signal.

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