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#EURJPY Major Resistance area

OANDA:EURJPY   EUR/JPY
66 0 14
$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
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