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EURJPY facing bullish pressure, potential for further upside!

Long
Euro / Yen giapponese (FX:EURJPY)  
FXCM Broker  
FX:EURJPY   Euro / Yen giapponese
Trend Analysis Harmonic Patterns Chart Patterns EUR jpy eurjpylong
155
9
trendanalysis harmonicpatterns chartpattern eur jpy eurjpylong
EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement . If prices fall through 1st support level , prices might pullback to 2nd support which coincides with 61.8% Fibonacci extension and 50% Fibonacci extension . EMA is also below prices, signaling a bullish pressure on prices.
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