$EURJPY | BAT PATTERN EMERGED ON DAILY CHART - Bearish Confirmed

EUR/JPY has been on fire for most of the past five months. After the first round of French elections resolved with a rather market-friendly outcome, Euro bulls took over and began driving the single currency to fresh highs under the presumption that the European Central Bank would start to limit their massive stimulus outlays. That still hasn’t happened yet, but this hasn’t stopped bulls from bidding the currency-higher through much of the year. -J Stanley,
Current position for EURJPY Stands for a Bearish formation as daily chart plots Harmonic (Bearish) BAT Pattern,
Target and Stop Based on
-Grids
-Pivots
-T.Fibs