FX.co ★ EUR/JPY profit target reached, time to buy

Price has dropped perfectly from our resistance level to our profit target on Friday. We turn bullish above 112.65 major support (Fibonacci projection, horizontal support, bullish divergence) for a push up to 113.94.

RSI (34) is seeing major support at 24% and has displayed bullish divergence vs price.

Stochastic (34,5,3) is above major support at 4% and also displaying bullish divergence vs price.

Buy above 112.65. Stop loss at 112.03. Take profit at 113.94.