As you can see carefully the EURJPY daily chart, we see head and shoulders pattern. Pair currency reach support zone ( 116 area) last week. In my view, EURJPY will do corrective move up minor resistance or zone resistance after that it will start impulsive move down for below 116 area. Consolidating price below 116 area open door to 111.50 support.
Alternatively scenario, consolidating price above zone resistance, EURJPY will move toward 121.40, 122.80 levels.
Alternatively scenario, consolidating price above zone resistance, EURJPY will move toward 121.40, 122.80 levels.