EURJPY is starting the 4th wave (downward wave) in the weekly time frame. If the 157 resistance breaks with its body this week or early next week, the first target is the range of 155.50-154 and the second target is the range of 151.30-152.20.
But if it does not break the resistance of 157.46 this week or the first two days of next week and does not close above 158.56, it will probably suffer in the range of 156.61-159.78.
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But if it does not break the resistance of 157.46 this week or the first two days of next week and does not close above 158.56, it will probably suffer in the range of 156.61-159.78.
If this post was useful to you, don't forget to like and comment.