The broken head and shoulders
box (right shoulder) has held nicely. EUR/JPY
came down for a double test, cleared out weak longs, cleared long stops, and suckered in fresh shorts.
Quick reversal and strong buy candle last hour, we added to our long position at 135.08 and 135.09.
Long targets still valid:
Target 1: 136.00
Target 2: 136.40