michael6malone
Long

I am going long to the 114.53 level.

FX:EURJPY   Euro Fx/Japanese Yen
13 0 2
2016Sep12 I am going long to the 114.53 level. I would have pushed it to the 38.20% fib level, but the resistance that starts at 114.53 has me concerned. I placed my stop at 114.14.

Just dropped approx 90 pips in a short time so I would normally expect a retracement to at least the 38.20% fib level.
RSI is in an oversold state.
Comment: Target reached.
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