ICmarkets
Long

EURJPY Bounced Off Support, Potential For A Further Rise

FX:EURJPY   Euro / Japanese Yen
EURJPY bounced nicely off its support at 127.64 (61.8% Fibonacci extension , horizontal swing low support) where it could potentially rise to its resistance at 128.41 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur.
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