theforexarmy
Long

EURJPY on major support, time to buy!

FX:EURJPY   Euro / Japanese Yen
Price dropped perfectly as expected and reached our profit target. We turn bullish above 114.11 major support ( Fibonacci retracement , Fibonacci projection , horizontal support) for a push up to 116.19.
RSI (34) is on support
Stochastics (21,5,3) is also on support signalling a bounce is impending.
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