The EURJPY pair started a downside correction on Friday, retesting 127.70 previous high and support level, we should see attempts to resume the overall bullish trend from this area, while holding above 126.00 is necessary for the sustainability for the bullish bias.
** Overall trend ( More than one year)
** Intermediate ( More than three months)
** Short term ( Less than three months)
** Chart is based on GMT+2 timing
Notes:
*if price reaches more than 80% of target before triggering entry, signal is canceled and not valid anymore.
*Allow for +,- 5 points margin