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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