Downward channel Fib. rejected
If breaks the channel, go long. Double check RSI and Stochastic to confirm.
A flag pattern is shaping before EURJPY decides to break the resistance or move down again.
RSI reverse supports breaking the resistance, but need to wait. If it fails to break, sell.
No major support in it's way.
Resistance @ 1.05170 Ascending RSI & MACD If break the resistance, go long.
Watch for break. Otherwise sell.
Next target: H4 MA200?