EURJPY BREATHING CLEAN AIR AT THE TOP OF THE MOUNTAIN

EURJPY BREATHING CLEAN AIR AT THE TOP OF THE MOUNTAIN

The EURJPY has managed to climb to the peak of the summit by jumping over 400 pips in 5 days.  The cross is now challenging the .618 fib level at 104.80.  A hold at this level could lead to a push back lower towards the 50 fib at 102.75.  A break above the .618 fib open the way for a test of the 107.50 level.

Sup     102.75   ( 50 Fib)

Res      104.80  (.618 Fib)           107.50

Keane Plan….Watching for a break or hold of the 102.75 (50 Fib)

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