RBDL_
Long

EURJPY Breakdown: future Head and Shoulder-pattern

FX:EURJPY   Euro / Japanese Yen
The head and shoulders pattern is based on the trendchannel EUR/JPY             is trading in right now, and on Fibonacci retracement levels serving as support/resistance . Other supports are double bottoms/tops. Upside target before the end of the week is 136.00, after which price could advance to a maximum of 136.253 (161.8% fib) before declining to the first Fib retracement level of 135.366.
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