ERU/JPY Hidden Bearish Divergence Observed

Updated
Pattern indicates underlying weakness of EUR, in addition a strong support level (118.557) was broken and there is nothing else down there to support the fall till it reaches 116.000 mark.
Trade closed: target reached
EUR/JPY Next target goes in the following order 115.00 -> 114.00 -> 112.00 -> 110.00.

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