Look at almost any chart, gaps always fill. Market digested French elections, seeing more bearish price action with this pair. If highs are breached, I will be looking for another good setup. Currently there is a bearish candlestick setup, which will push this lower in my opinion.
Right off support around 115.900, EURJPY is ready to retrace on the daily chart. 1st TP is the .382 fib at 117.660, 2nd at the .5 fib, and final at the .618 fib. I'm trading a larger size since the stop will be about 20-30 pips on this for me, good luck everyone!
Pair broke acceleration supports, should be a nice fall to the main trend support, I believe this support will end up breaking, UJ also starting to look bullish again for those of you who know that XAUUSD and UJ basically trade opposite each other... Good Luck
TP - 1249
Broke out of the triangle to the downside, looking for a re test of the previous channel, TP for me personally is 1230-1230.50. Stop loss is a break and confirmation above resistance. I have a few positions from 1238-1240