We are not convinced that EURJPY is ready to go down as yet we think 1 more up to break the top and possibly to hit the target line is very possible, after that big down move is coming.
I agree with your bearish view on EURJPY. Our trading signal idea is also of the same bias. We have found resistance level at 131.20 which is a horizontal pullback resistance and 23.6% fibonacci retracement.
Additionally, RSI is also seeing a bearish exit which supports our beaish bias.
Additionally, RSI is also seeing a bearish exit which supports our beaish bias.
Glad to see that we have the same bias for EURJPY