EUR/JPY broke major support under bearish channel pressure!

Entry : 125.60

Why it's good : horizontal overlap resistance, 23.6% fibonacci retracement

Stop Loss : 126.10

Why it's good : horizontal swing high resistance, 50% fibonacci retracement

Take Profit : 124.83

Why it's good : horizontal swing low support, 61.8% & 100% fibonacci extension, 61.8% fibonacci retracement

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

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