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Short

EURJPY could be headed lower

FX:EURJPY   Euro Fx/Japanese Yen
EURJPY             might give up some of its gains from last week as the surprise news that a ECB rate hike was being talked about shot this pair like all EUR pairs higher.
We are now up against trend line resistance and H1 TDI             is looking increasingly BEARISH .
We are looking to SHORT this pair from these levels but the BULLISH structure remains in place so a LONG trade from lower down may present itself.

Trade idea
SELL at market with a STOP above 122.81 recent high if price stays under 122.81
No LONG trades from these levels.
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