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EURJPY Approaching Resistance, Potential Reversal

Short
Euro / Japanese Yen (FX:EURJPY)  
Klimex  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns EURJPY EUR jpy chf aud NZD GBP CAD
16
0
trendanalysis harmonicpatterns chartpattern eurjpy eur jpy chf aud nzd gbp cad
EURJPY is approaching its resistance at 124.67 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse to its support at 121.86 (50% Fibonacci retracement ).

Stochastic (34, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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