FX:EURJPY   Euro / Japanese Yen
Looking for a possible entry on EUR/JPY if we break out of this current downtrend. Price has been bouncing off of closest support level for a while now and can't seem to break through. This could cause a reversal for price.

I will be waiting for confirmation of breakout to enter the trade, however if reversal doesn't happen I'll be looking at entering short to retest the support again and maybe break through this time!