EURUSD broke the 1.120 minor psychological level a couple of days ago and price has now retraced back to that level.
Expect price to bounce off the support-turned-resistance, completing the retracement and signalling another bearish move.
I'll enter once price has convincingly bounced off the resistance and will ...
EURJPY - The 122.0 Major Psychological Support has been tested several times already, with lower highs being made each time.
The breakout looks to favour the horizontal support, as this will continue the strong bearish trend.
Entry - Approx 20 pips below previous low.
Exit 1 - Just above the 120.0 support
Exit 2 ...