OANDA:EURJPY   Euro / Japanese Yen
as we can see here on the EUR/JPY chart. the market has been trending within the top blue trendline and the bottom blue support area . for the 3rd time price has tested the bottom blue support area and has bounced off to have a strong move to the upside towards the top resistance line. now price has retraced and has tested 0.5 fib level and the candlesticks are slightly moving direction and giving hints that they might move back to the upside. so with more confirmation or candle structure and patterns being confirmed, we will be hopefully be looking for a short term buy to take profit around the top resistance area .
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