EUR/JPY Technicals:
EUR/JPY broke 131.80 - 61.8% retrace of the 126.08-141.06 April/June up-leg.
Bears need a daily close below 131.80 to sustain the offered structure Tenkan & kijun lines are negatively aligned, reinforcing the bearish bias.
We prefer to short ahead of Wed's 133.55 peak.
Option Strategy:
Please observe how delta risk reversal numbers...