Overall EURJPY has been in a major buy zone. However it has found a lack of momentum near this monthly zone, and it is looking like on the higher time frames it is in the process of consolidation, meaning it is a good time to take some healthy counter trend trades. On the lower timeframes we used our fibonanaci and noticed that we had some good entry opportunities for a bearish movement, and we are making use of our supply and demand zones to get our entry and our profit level.