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DeGRAM | EURJPY pullback from the channel boundary

Short
Euro / Japanese Yen (OANDA:EURJPY)  
DeGRAM  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Chart Patterns eurjpyanalysis eurjpysignal
10
1
trendanalysis supportandresistance chartpattern eurjpyanalysis eurjpysignal
EURJPY is moving in a descending channel.

The chart has reached a strong resistance at 164.500

We think that after retesting the resistance, the price will fall back to the 38% retracement level.


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