EURJPY: Watch this Confluence #forex

A confulence of potential resistance levels that suggest watching this are for a short trade. Despite all the confluence, i always prefer to wait for confirmation through candlesticks or RSI momentum divergence.

• Potential for a new lower high
  
• Two descending resistance levels , one for a broken triangle pattern and one for the overall bearish wave.
  
• 50-days SMA
  
• Fibonacci retracement levels
  

Good luck...
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