**UPDATE 5/26/2015: our short had a target of 135.61 and we also had a limit long sitting at the 135.60. Grabbed 20ish pips on the short and over 40 on the long. Pulled the long here at the 134.00, looking for some consolidation chop before getting back in long.
Will then look for long signal for same targets called out last week:
Target 1: 135.33
Target 2: 135.77
as always, kudos to those who manage to grab pips from H1 and lower TFs, especially with EURJPY. i am looking at a longer time horizon and thus will stick with a target at 50% fib retrace or 131.51. when will it happen, i have no clue, but i am expecting USD strength to wane significantly this and next week, and as EURUSD, swings back up, supporting EURJPY, i expect the flows in USDJPY and Nikkei to be stronger and ultimately decide the fate of EURJPY. down, down, to gobblintown... (as the song goes in Lord of the Rings ;) )