Bellow is daily EURJPY chart.


We can see that price is retracing at the moment for the third day in a row on the last up move. At the moment we are at round 50% fib retrace. Next level of support is 21 EMA (red line) and a bit bellow will be 61.8% Fibonacci level and also middle Bollinger band, which sometimes play key role. It happen many time, that we get continuation signal at middle Bollinger band. If all mentioned support will not hold, then we still have horizontal monthly level of support at 136.60 . If price will move lower, then we will need to change our bias from long to short on this pair. I marked two options on the chart, (1) long from support and (2) short from previous support, when (if) it will be broken. turn into resistance.
There is no major red news in EU neither in Japan tomorrow.

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