EUR-JPY is finally going down after the breakout from the rising support, Just as I predicted last week, already 380 pips profit for the last week. You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 139.1 as I am showing in my chart. Our Daily Goal is 138,4 Currently, EUR/JPY is moving towards the resistance level of 138.6,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/JPY.
Good Luck and enjoy your Bearish Market for today.
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!