This EURJPY pair is very over extended and/or over bought, above RSI 70. Noted on chart & fib. retracment, three levels of support. I believe for rest of May will be bearish. This is daily EURJPY chart, would go down to either hourly, 15 minute and/or 5 minute to find support/resistance levels to place new trades.
Will wait for a price action break down in 1st couple of hours for confirmation and then set up bearish trades. Money management is key and price action.
Will wait for a price action break down in 1st couple of hours for confirmation and then set up bearish trades. Money management is key and price action.