EURJPY | IMPORTANT LEVELS AHEAD

EURJPY has been trading in a bullish parallel channel and current price is trading at important support level of channel. On shorter term, this is the sideways before the next move;

a) A bullish breakout from the recent high will calls for long position.

b) The sideways move will likely to be distribution and price will fall from here 134.800 level.

Trade your levels accordingly.