FX:EURJPY   Euro / Japanese Yen
24 0 1
Bearish engulfing on weekly, still trading above 20 SMA on weekly, daily close below 20 SMA . Daily close below 133.7 will see a move to the downside, target 132, confluence with the monthly pivot and 50% fib level. A daily close above the bear trend line will see a move up to 136.7. However, USDJPY             is seeing dollar strength and yen weakness, which is contrasting my above analysis - so watch closely usdjpy             . We want correlation between the pairs.
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