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

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Forex Analysis:::2016-11-10T07:26:22

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.

Technical analysis of EUR/JPY for 10th November 2016

Analyst InstaForex
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