EUJPY, lookin further up for more gains, +500 pip prospect.EURJPY, after hittin recent highs of 166.6, a trim-down followed after -- corrected significantly back to demand zone touching 78.6 fib levels.
Now, based on recent price behavior this pair is preppin for another round to the upside soon.
Net buyers has started accumulating already based on daily data metrics. The healthy correction just warranted a very clean setup for another ascend.
Spotted at 164.0
Interim target set at 170.0
TAYOR.