The EURJPY chart indicates a potential short opportunity, as highlighted by the Elliott Wave structure. Based on the current wave count and the projected correction phase (c), key levels for this move downward could be:
- 0.759 Fibonacci level at 159.958
- 1 Fibonacci level at 159.026
- 1.618 Fibonacci extension at 156.634
These levels might serve as possible targets for the downward move.