The EUR/JPY is still bearish. We can see a retracement happening which could make the pair drop again. Watch for the NFP today.
If the pair makes a bounce to 119.50, we could see another drop lower towards 119.10. The NFP will heavily affect Yen. Yen being a risk on/off currency strongly reacts to the NFP and all accompanying data. The EUR/JPY is bearish below 119.00 and it should go for a retest of 118.70 and 118.50.
