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EURJPY right on major support, time to buy

Long
Euro / Yen giapponese (FX:EURJPY)  
MEX_Exchange  
FX:EURJPY   Euro / Yen giapponese
Trend Analysis Harmonic Patterns Chart Patterns EURJPY EUR jpy eurjpyshort eurjpylong eurjpysignal eurjpytrade eurjpyforecast forexsignals
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trendanalysis harmonicpatterns chartpattern eurjpy eur jpy eurjpyshort eurjpylong eurjpysignal eurjpytrade eurjpyforecast forexsignals
EURJPY is presenting us with a nice opportunity to go long on.

Buy above 130.62. Stop loss at 129.75. Take profit at 132.35.
Reason for the trading strategy (technically):
Price is testing strong support at 130.62 (Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push prices up to 132.35 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing strong support above 4.8% where a corresponding bounce could occur.
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