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Forex Trading Ideas – EURJPY at resistance from prior levels and Advance Fibonacci Retracement

EURJPY has touched resistance of 125.26.

Resistance of EURJPY at 125.26

Resistance of EURJPY at 125.26

This level was made up of:

1. Prior price level

2. Advance Fibonacci Confluence of 38.2% and 76.4%

Based on Tflow®, there will be 2 paths as shown in chart. We like to assume the path of least resistance – that is EURJPY will be resisted unless broken.

So, we can finetune in lower timeframe for trigger.

Again, wait for flow to establish and the trigger to be presented.

No trigger no action!

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