EURJPY Prepping for a further downmove?

FX:EURJPY   Euro / Japanese Yen
52 0 3
The overall maintrend is still bearish . While current market structure has broken, price is still in a compressing range. We will favor the downside but will wait for a trigger to go short. Anticipating a rally towards 117x supply area before the selling continues.

Verdict: Wait for signal to go short
Trade closed: target reached
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