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EURJPY 4H Channel Failure

Euro / Yen Jepang (FX:EURJPY)  
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FX:EURJPY   Euro / Yen Jepang
Trend Analysis Chart Patterns Technical Indicators channelbreak Relative Strength Index (RSI)
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trendanalysis chartpattern indicator channelbreak relativestrengthindex
Pair is possibly starting Bullish 5th wave up back into the channel. Could place pending orders of buy limit and buy stop or wait for bounce from sup/res level and double 00 at 132.00. If failure happens RSI should cross and stay above the 50 level line.
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