GoldTrader012

EURJPY outlook for the week

Short
OANDA:EURJPY   Euro / Japanese Yen
From the looks of the charts, it looks like EURJPY will drop back down to the lower resistance zone. The reason I predict this is because price has formed a double top (M pattern ) on the H1 timeframe and these usually indicate selling opportunities

This analysis is purely based on technical analysis and does not take fundamentals in mind.
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