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EURJPY Forecast

Short
FX:EURJPY   Euro / Japanese Yen
EJ has been ranging for the longest time and after recently creating a high at 127.080 that high has been retested and respected. Followed by a strong bearish candle on the Daily time frame.

To confirm the bias I would like to see:
  • price break past and possibly see a close candle under 125.690 then;
  • retracement back up (no higher than 126.500) for a smart money entry before a move down with great RR


PS: Newish to trading I post these for accountability and as a journal

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