EURJPY: Bearish Outlook After Massive Breakout 🇪🇺🇯🇵

Short

Euro / Japanese Yen (OANDA:EURJPY)

OANDA:EURJPY Euro / Japanese Yen

Parallel Channel Rectangle Candlestick Analysis EURAUD australiandollar aud EUR Forex forecast swing swingtrading swingtrader

parallelchannel rectangle candlestick euraud australiandollar aud eur forex forecast swing swingtrading swingtrader

snapshot

EURJPY was consolidating within a horizontal trading range for the entire September.
The market finally dropped yesterday and successfully closed below the support of the range.

The broken support now turned into a strong resistance.
I will anticipate a bearish movement from that to 155.12 / 154.5

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