Marenno
Short

EURJPY Intraday current view

FX:EURJPY   Euro / Japanese Yen
Short term intraday review of current possibilities

On a 1H chart we have a bearish chart pattern

At daily pivot
Price is currently at 50% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down

Due to all the mentioned above and a current price position (intraday - independant view) I will look for Bearish PA patterns to begin with at 132.85

P.S.: Current short term analysis can look opposite to what I have posted of a higher grade. 
It happens because I’m reacting to a current market conditions, as big changes are starting with small. 
Also entry level on a higher grade chart can be a target on a lower grade chart
Any questions are welcome!!! just write down in comments.

Your likes are much appreciated.
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