EURJPY cup and handle/new swing.

First of all, I want to preface that you should be careful given the Fed rate decision coming up on Wednesday.

However, EURJPY is looking tempting here. We have created a head and shoulders pattern, with a confirmed higher low with the strong break and close above the 121.17 zone.

The 121.80 zone is what I would target, but again, do be careful given the type of week this is.