$EURJPY entered the major resistance area and the high is capped by the 38.2% Fib. Price Action should slow down around these levels and a short setup for a move to 118.40 area might present itself for good risk/reward
Comment:
Managed to get down to 118.68 on the Italian referendum result before completely reversing
Comment:
Pair is building volume (consolidating) in the resistance area. Some structure needs to be formed before any hints for further movements