EURJPY: Bearish Forecast Explained ๐ช๐บ๐ฏ๐ต
https://www.tradingview.com/x/VEricd3p/
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame.
It is an important bearish confirmation.
We may see a bearish movement to 156.2 / 155.5 soon.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame.
It is an important bearish confirmation.
We may see a bearish movement to 156.2 / 155.5 soon.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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