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EURJPY is testing resistance, potential reversal

By admin_mrketsIn ForexPosted January 29, 2021
EURJPY is testing resistance, potential reversal for FX:EURJPY by FXCM


EURJPY is testing resistance, potential reversal

Euro Fx/Japanese Yen FX:EURJPY
FXCM



Price is testing our first resistance in line with our horizontal pullback resistance and fibonacci confluence levels where we could see a further drop below this level. Stochastic is approaching resistance where we could see a drop below this level as well.

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