Similar to the opening session of last week, EURJPY experienced a big correction. EURJPY than found support at 2:10 (23:10 GMT). From the support level (reaction low) to the previous high, a fibo is drawn. At 78.6% retracement there is strong resistance. See the chart below.
From the resistance point, I enter the market at 3:26 with price at 138.09 after the first market reaction with signal from BB Macd and SBS. Stop loss is 138.19. Managed to liquidate the first half of my position with a profit of 20 pips and the balance at 30 pips profit.
EURJPY was trading at narrow range of 40 pips and bouncing around its pivot point during he Asian session.
