A possible short scenario on EUR/JPY is possible if the BOJ will slaken the QE program, also 22th July will be elections in Japan and this fact could be cause of big volatility. Into the graph I see an hanging man in proximity of the 0.5 of Fibo rentracements, this could be a possible signal of change of trend but it needs confirmation. At the moment I'm writing there is any confirmation of my trading idea.