EUR/JPY capped by 135.13 Fibo; rapid Bolli expansion hints at more gains
Friday, May 1, 2015 12:47 PM UTC
- EUR/JPY 135.125 high is at 38.2% of the Dec-Apr slide; triggers price pullback
- Breakout past 135.13 targets 200-DMA (137.40) & 50% Fibo/weekly Kijun (137.93)
- Upper 21-d Bolli at 133.64 is attractive 1st pullback target if 133.91 low is broken
- 23.6% of 127.41-135.12 rise at 133.30; daily Cloud top 132.28 on Monday
- Daily studies overbought, but rapid Bolli expansion hints at more gains post pullback
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