SHORT EURJPY test key resistance, could possibly drop
EURJPY is testing our first resistance at 122.80 (61.8% Fibonacci extension ,23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially drop to its support at 122.12 (horizontal swing low support, 100% Fibonacci extension ).
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results