If we look to past movements, the flag created, trendlines and support and resistance lines I think EURJPY will drop soon! We will look for the blue area wich is drawn. Since we touched this area before we may retest this area and see if we go further down or up again.
Order cancelled:
We broke out of the channel for sure. We will probably retest a support above. Stay tuned for downside breakout.
Trade active