EURJPY D1 completed a 12345 impulse wave, and is about to start an ABC corrective wave. a Bearish pin bar formed under a resistant line(viewed from MN timeframe) signaling the begining of a downward move.. EURJPY is therefore expected to move down towards 132.231 or below.
We looked at the several CCI - Commodity Channel Index's type indicators along with Pivot Points Standard on the Weekly and this looks like a Reversal which we will follow through with a Swing trade for a Fri. expiry !