Price is trading below ICHIMOKU cloud on the week chart. This week on EURJPY highlighting that recent price action pullback into the 1.40 zone, an area highlighted to look for bearish evidence in previous reviews. This week highlighting this zone once again as an area to look for bearish evidence at this zone and a potential move lower on this market.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk