The EURJPY pair is downtrend in weekly and monthly. The daily uptrend should have a retracement down to the Daily Fibo 618 line. But it has to break monthly support first.
Note
Wanted to edit but was too late. The Monthly support is at Daily fibo 0.328 retracement. If it is broken, the price should drop to daily 0.618 retracement, which is between the weekly Fibo Extension lines 0.5 - 0.328 (the green area there).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.