on the daily timeframe here on EURJPY we can see that price has been moving to the upside for quite some time now and we have now a higher timeframe exhaustion. what we are looking for now is bullish pressure to come back in along side with entry confirmation for a trade to our next level of sell sensitivity. we will also keep our eye on fundamental direction to see if this trade also makes sense fundamentally and we are trading in the direction of fundamentals.