eur-jpy-15MTrend is bullish in 15 minutes chart of EUR/JPY currency pair. Short term support is present at 131.21 price level. Based on Elliott wave analysis, there is a possible sell trade setup present and as the current bullish leg is just an A, B, C Corrective Zig Zag pattern. So, wait for a bearish decline in price below 131.21 support level and then look for a possible sell trading chance in 15 minutes time frame of EUR/JPY currency pair.

By FXOpen