EUR/JPY profit target reached once again, prepare to sell
The price has bounced above our buying entry and is fast approaching our profit target once again. We prepare to sell below major resistance at 130.78 (Fibonacci extension, horizontal swing high resistance) for a drop towards 129.96 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing major resistance below 94% where we expect a […]