EURJPY Price action Analysis

EURJPY Continued to show exhaustion around the 118.18-118.000 Price level. The pair still maintaining further downside bias on the major Higher timeframe has broken the descending triangle trend continuation pattern which has been formed on H4. A retest of the broken pattern would see it to further downside at the weekly key level at 116.000 which is 150+ pips away from the current price at 117.449.