EURJPY approaching support, potential bounce!


Trading Recommendation

Entry: 123.110

Reason for Entry: Ascending trend line, 61.8% fibonacci extension and 78.6% fibonacci retracement

Take Profit: 124.327

Reason for Take Profit: 61.8% fibonacci extension, horizontal swing high resistance

Stop Loss: 122.392

Reason for Stop Loss: Horizontal overlap support, 100% fibonacci extension, 78.6% fibonacci retracement

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