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Going short today @ Eur/Jpy

|Includes: iPath EUR/USD Exchange Rate ETN (ERO)

 Eur/jpy has shown pretty good long run  in past few days. But now when price has reached to 123,20 level(major recistance) i would see sharp drop over here.

I'm selling Eur/jpy @ 123,05 today and my target is 116.

The price should go under 121,37 today or tomorrow. Will keep close eye on that. ;)

Stop is 123,3

Disclosure: SHORT Eur/jpy