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Euro / Japanese Yen
Long

H&S in EURJPY

By kikitoshi
Updated
After the IH&S in GBPJPY from few days ago, now we see the same configuration in the pair with Euro

TP1 133,300
TP2 134,880

Trade with care and good luck everyone:)
Comment
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Just like in GBPJPY we see possible rebuilding the right shoulder. The neckline of new configuration is right on 23.6 fib level with a head on 38.2 level, so this also tells us that this could be the end of the retracement of the up move from the last year

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There is new targets of the possible new H&S
TP1 133,890
TP2 135,090
Head and Shoulders

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