EURJPY Daily Analysis 5/10/20

EURJPY Short Idea

This pair is looking very bearish on all significant timeframes and is looking to make a strong push to the downside.

Last week we saw key support broken around 116.250 and is now making a retest of that zone.

Ideally we want to see a confirmed lower high followed by strong bearish setups. Look to target lower toward our next major weekly zone around 111.650