FX.co ★ EUR/JPY dropped as expected, prepare to sell

Price dropped perfectly as expected yesterday. The key goal today is to sell on resistance at 115.08 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) for a further push down to 114.12 once again.

RSI(34) is below horizontal resistance at 57%

Stochastics (21,5,3) is approaching a descending resistance line.

Sell at 115.08. Stop loss at 115.80. Take profit at 114.12.