FX.co ★ Technical analysis of EUR/JPY for 10th November 2016

Price dropped perfectly to our profit target yesterday. Today we turn bullish above 115.17 support (Fibonacci retracement, horizontal overlap support) to play a push up to 116.23.

RSI (34) still has good upside potential to play this rise.

Buy above 115.17. Stop loss at 114.76. Take profit at 116.23.