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EUR/JPY near key support, a bounce is possible!

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Description :

EURJPY near key support, a bounce to 1st resistance is possible

Entry:123.26

Why it's good :100% Fibonacci extension, 38.2% &23.6% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 124.25

Why it's good :100% Fibonacci extension,50% Fibonacci retracement,horizontal swing high resistance

Take Profit : 122.10

Why it's good: 61.8% Fibonacci extension, horizontal swing low support

The material has been provided by InstaForex Company - www.instaforex.com