EURJPY Rebound – possible long diagonal to the flag – a test of 135.85
After a rebound in 23.6 Fibonacci breaking likely increase to 38.2 Fibonacci. Buy – If the price crosses the previous bar with a stop below the 23.6 per Fibo.
Crossing the MACD above 0 – possibly signal buy.
The crisis in Europe is still pressure on the euro, but the partial agreement among European lenders and Greece on the debt of the country intensified speculation, however, to exit from the Eurozone may not occur, which have a positive impact on the single currency.
Sentiment is still positive for the EUR / JPY