Ambious upside target is showing us its time to buy EUR/JPY...

1.2 bn expiries between 104.60-45 did not offer the Yen much in the way of support as it struggled to rebound within a 104.74-23 range.

Slowly but surely we have crept above and beyond our previous daily resistance levels to make fresh short term highs!

Again and again our projections had further upside in sight however, with Non farm payroll this week and other news to consider it could be a slow ride up.