EURJPY To Be Bullish or To Be Bearish...?
You can see here that the price broke bullish after the last leg of the W pattern formed and we have been in a consolidation level (manipulation) for the last couple of weeks. To be honest here with the state of current EURO economic policy and US-China trade war taking center stage this can go either way if local sentiment goes back to being positive. Investors are going to go where they feel their money is safe (EUR) and pull away from safe-haven currencies like JPY & CHF. If US-China remain positive easing tensions this can spur Bullish sentiment.
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