Chibuike_Odoh

EURJPY - Retest

Short
FX:EURJPY   Euro / Japanese Yen
ANALYSIS 🔎
- EURJPY brokedown below the ascending channel support and the rising flag pattern simultaneously.
- Price retraced and is currently testing the key fibonacci retracement levels and the rising flag support and the ascending channel support.
- There's a possibility of the downtrend continuation.

TARGETS 🎯
- Previous swing low.
- Fibonacci extension level (1).

SETUP INVALIDATION ❌
- Breakout above retracement level (1).

Comments

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