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VladimirRibakov

EURJPY Forecast

Short
Euro / Japanese Yen (OANDA:EURJPY)  
VladimirRibakov  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Multiple Time Frame Analysis EURJPY forecast SELL Bearish Patterns keyresistancezone psychologicalroundnumber bearishdivergence
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trendanalysis chartpattern mtfa eurjpy forecast sell bearish keyresistancezone psychologicalroundnumber bearishdivergence
D1 - Price has reached a key resistance zone formed by the 61.8% (125.475) fibonacci expansion level of the first wave and the 125 psychological area. Bearish divergence.

H4 - Price is currently moving inside a wedge pattern. Bearish divergence.

Expecting further continuation lower after a valid breakout below this wedge pattern.
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