There was only time for an absolutely minimum correction to the 23.6% corrective target at 131.19 before pushing higher towards the next temporary upside target at 133.64 on the way higher to the ideal wave 5/ target at 135.42.
We should expect some resistance near 132.54, but this too should only prove temporary as EUR/JPY pushes higher towards the ideal wave 5/ target to complete wave 3.
Trading recommendation:
Buy set-backs as wave 5/ pushes higher towards 135.42 where profit should be booked
The material has been provided by InstaForex Company - www.instaforex.com