FX.co ★ EUR/JPY profit target reached perfectly, prepare to sell

The price has shot up and reached our profit target perfectly as expected. We prepare to sell below major resistance at 133.12 (Multiple Fibonacci extensions, horizontal pullback resistance) for a push down to at least 132.28 support (Fibonacci retracement, horizontal pullback support).

Stochastic (89,3,1) is seeing major resistance below 99% where we expect a strong reaction from.

Sell below 133.12. Stop loss is at 133.51. Take profit is at 132.28.