EURJPY BEARISH SIGNAL

The rate is currently at wave 4 in a downward trend, there is a possibility of some advance in wave 5 .

Sell below: 120.00

TP: 118.50

Fundamentals
The market sentiment is currently in risk-off mode which implies the YEN will be strong against other major pairs like EUR, USD, AUD, NZD, CAD, and GBP.