-The scenario here is clear. We have a nice sell-off in the pair EURJPY. The support trend line is the Daily re-test of the move up, we have an interesting price action in lower time frames (30MINS & 1HR). We have to act quickly to catch it at the right price. Again we are still in an Up-trend and the decline in price is a chance to buy the pair. Stop is placed below 142.20 area.
Daily Chart!