DeGRAM

⚠️ EURJPY update idea / Fall

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
The price has reached our past target.
At the same time, it did not begin to fall to support, but immediately rose to the resistance of 131.45.
The new target is the fall.
The reasons for the fall in the price of this pair:
1 - false breakout of the resistance at 131.45 (the price has already returned to the line).
2 - strong resistance in July 2019 (border of an uptrend) without any breakout.
3 - the end of the growth, which has been from the beginning of January from the lower support of the channel 125.64.
Target - 127.98

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