EUR/JPY: An Impending Retracement?

EUR/JPY has been moving to the upside for the past week after the pair formed a pair of hammer candlesticks on the weekly time-frame above the support at 112.00. It seems that for now at least that move to the upside will stall, because the pair has reached the resistance at 116.20 and has formed several very telling candlesticks on the four-hour time-frame that are a signal for a new move to the downside, temporarily as it might be. Namely, those candlesticks are the three shooting stars and a spinning top that can be seen on the screenshot above. If that signal proves valid then the drop will likely continue at least until EUR/JPY reaches the support at 115.00, and a breakout below that level could lead to a further drop towards 114.20, which coincides with (MA)89 on the four-hour time-frame