USD/JPY profit target almost reached, prepare to buy above major support
Last week price has continued its drop perfectly towards our profit target. We prepare to buy above major support at 111.90 (Fibonacci retracement, Fibonacci extension, Elliott wave theory, horizontal overlap support) for a push up to at least 114.32 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (34,5,3) is approaching major support at 1.2% which […]