FX.co ★ EUR/JPY: remain bullish for a push up

The price is approaching support at 118.22 (Fibonacci extension) where we expect to see a bounce to at least 120.23 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (21,5,3) is seeing strong support above the 5.4% level.

Buy above 118.22. Stop loss is at 117.45. Take profit is at 120.23.