EURJPY - 240 - Would like to see a small Sell Off.

FX_IDC:EURJPY   Euro / Japanese Yen
We are in an interesting position right now. It looks like it's getting into a little squeeze. Certainly, this is a bit difficult to make a call here without any proper confirmation.
I am looking for a little break to the downside. If we get that, then I will look for a possible TP level, but for now it's around 124.1 .

Keep an eye on the price action and the breakouts, as this could go both ways.
Comment: 25.05.2017 UPDATE - NO LONGER VALID.