EURJPY bearish continuation expected

Aktualisiert


EURJPY we are have strong bearish push, which is be based on BoJ rate cut which we are have before 2 weeks, when they are raise rates.
Here now on lower TF we can see DESCENDING pat created, this idea is based on TREND follow and still expect to see new higher bearish from here.
Currently price look like its make break, EUR technically with many look bearish and fundamentally tomorrow we will have strong EUR event (German GDP) where expect more weaknes on EUR.

TP1: 157.600 (300)
TP2: 156.100 (450)
Order storniert
Will wait for first two, three days, before new JPY idea
Trade ist aktiv
EURJPY trade again active, same cords, here now expecting to see higher bearish for this week
Trade ist aktiv
EURJPY looks like breaking zone, confirm we will have if price break 160.00
Trade wurde manuell geschlossen
Price is make bounce on 160.00 we are not have confirm at end here. If changes come in nearly future will update.
Beyond Technical AnalysisDescending TriangleEURJPYForexTechnical IndicatorsTechnical AnalysisTrend Analysistrendfollowing

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