FX.co ★ EUR/JPY close to support, look for buying opportunities

Price is close to our 114.75 support level (overlap support, Fibonacci retracement) where we expect a bounce from for price to rise to at least 115.90.

Stochastics (21,3,3) is approaching strong support at 11%.

RSI(21) is also approaching ascending support which signals a bounce is approaching.

Buy above 114.75 Stop loss is at 114.40. Take profit is at 115.90.