The current trend of EURJPY is on charts and price is trading below 50 day and 200 day with appearance of dead cross on 4 hourly charts. It is having an important support at the level of 123.12 and resistance at the level of 123.85. On chart it made a symmetrical triangle. If it breaks its on the downside and sustains below it then we can expect it to show further movement in the pair.
is sustaining below 50 in its selling zone indicating the upcoming in the pair.
On the down side break out of symitrical triangle on charts on can go for sell for next few trading session.