EURJPY UpdateFurther to the EURJPY posted earlier, the trade did not get triggered.
We have a better entry here and using the Neural Network levels we can see price should start to drop here.
Conservatively I would aim for 80 pips initially and expand the TP depending on the trade.
Trade now triggered for me personally as I am happy with the risk level.
Piggyfx
EURJPY ShortEURJPY looks to have ran out of steam here and a close below the resistance would trigger a short entry for me.
Trend line of best fit looks to be holding and a parallel channel shows several touches.
I would be confident in shorting EURJPY before we see any further extension upwards or further retest.