EURJPY Testing Resistance, Potential Reversal!
EURJPY is testing its resistance at 131.74 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing price to fall to its support at 130.00 (23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is testing its resistance at 96% where a corresponding drop could occur.
Stochastic (55, 5, 3) is testing its resistance at 96% where a corresponding drop could occur.
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