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EUR/JPY BEARS ARE GAINING STRENGTH|SHORT

Short
Euro / Japanese Yen (FX:EURJPY)  
EliteTradingSignals Updated   
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
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Hello,Friends!

EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.920 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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