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EURJPY: Bearish Outlook Explained ๐ช๐บ๐ฏ๐ต
https://www.tradingview.com/x/rbRDkCH1/
After a test of a significant daily structure resistance,
EURJPY retraced and formed a head and shoulders pattern on a 4H time frame.
Before the market closed, the price violated its neckline and closed below that.
It is an important sign of strength of the sellers.
The pair may keep falling now to 156.7 support level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
After a test of a significant daily structure resistance,
EURJPY retraced and formed a head and shoulders pattern on a 4H time frame.
Before the market closed, the price violated its neckline and closed below that.
It is an important sign of strength of the sellers.
The pair may keep falling now to 156.7 support level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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