EURO is massively overbought while JPY is massively oversold this itself makes a perfecting shorting combination with EURJPY. Also to confirm this trade here is a bat pattern along with price entering the top of the 4 hour cloud which it should exit out of the bottom. Another confirming short indicator is Fisher bearish cross. Also this rally seemed to peak at the .618 fib so i expect price now to reach 135 near the .382 fib and if it breaks that it will drop deeper otherwise it might bottom there. Will have to see which way it breaks at the .382 fib to decide whether to take profit there or hold onto short for longer.