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EUR/JPY Downside Move Coming

Short
Euro / Japanese Yen (FX:EURJPY)  
ThinkingAntsOk  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR jpy EURJPY short Bearish Patterns analysis setup
3
0
trendanalysis supportandresistance mtfa eur jpy eurjpy short bearish analysis setup
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Resistance Zone.
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🔸It has broken the Ascending Channel.
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🔸We are waiting for a breakout of the Support Zone to the downside before considering short positions on this pair.
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🔸 Will look for a lower timeframe bearish setup if the zone is broken.

🔸DAILY CHART ANALYSIS:

snapshot

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EUR/JPY Bearish Forecast / Top-Down Analysis
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