TP = 12.283 hit on SEKJPY
as the 1W Rectangle
declined and even marginally crossed the 12.050 Support to form a new base at 11.973. This doesn't alter our support-long/ resistance-short strategy, as the pair is showing significant bullish
reversal bias on 1D (overbought STOCHRSI, Williams, CCI
= 22.908, RXO = 2.123). Going long, TP = 12.700.