EURJPY - Technical Analysis: Tuesday, 06/01/2015 07:04 GMT

A head and shoulders’ pattern was completed to support continuing the short term bearish correctional wave, and the full target of this pattern is located at 140.10, meeting 61.8% Fibonacci level for the bullish wave measured from 134.13 to 149.77.

Negative pressure from the exponential moving average 50, and negative signal comes from stochastic indicator.