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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