15 July 2016 at 6:42 GMT
Clive Lambert - FuturesTechs
Clive Lambert from FuturesTechs.co.uk explains how he intends to short EURJPY.
After a solid week from the bulls, it failed at Fibonacci resistance at 118.23 overnight (high was 118.41) and reversed sharply.
He expects to sell at 117.80-118.00 with a stop at 118.50. The targets are 116.70 and 115.00.