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EURJPY: Key Level & Bearish Forecast

Short
Euro / Japanese Yen (FX:EURJPY)  
VasilyTrader  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Fibonacci Forex euro yen jpy japaneseyen EURJPY trading forecast Currencies
60
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trendanalysis chartpattern fibonacci forex euro yen jpy japaneseyen eurjpy trading forecast currencies
snapshot

hey guys,

it looks like EURJPY has respected a key daily level 121.0.
on 1H the price has formed a double top formation and during the last hour, it broke below its minor support.

now we can expect a further decline.

target levels:
120.4
120.0

if you missed the entry, the safest option is to wait for a retest.
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