EURJPY: What I am waiting is a break the channel.

This week, I alert traders to watch EURJPY.

126 is a strong support, very strong and important support. It is 3 year Low.

Any break 3 year low will have result is a strong selloff.

But EURJPY is captured in a descending channel I draw on the chart. The best trade is waiting for break of channel and SELL EURJPY.
I think this would happen this week with many EZ data to watch.