Nice downtrend, looking for a retracement back, within a fib zone. Want to see a rejection within the fib zone, around the .90 level.
3rd touch of trendline rejecting an important key level want to see bearish momentum showing up
Fundamentals: Strong EUR because of French election and weak yen Technicals: Just broke 122.05 which is a strong level, looking fo a retest with a rejection there, creating a trendline, followed by strong bullish momentum.
USDJPY losing upward momentum near key level and possible trend line creating.
Increasing downward momentum on the daily timeframe. Creating a trendline rejecting, expected short opportunities in the next weeks