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EliteTradingSignals

EUR/JPY BEST PLACE TO SELL FROM|SHORT

Short
Euro / Japanese Yen (FX:EURJPY)  
EliteTradingSignals  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis EURJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
snapshot
Hello,Friends!

EUR/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 143.404 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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