Klimex

EURJPY Bounced Off Support, Potential Of A Further Rise

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY bounced off its support at 128.03 (61.8% Fibonacci extension, 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 129.14 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance).

Stochastic (55, 5, 3) bounced off its support at 4.7% where a potential rise could occur.

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