EURJPY: Bearish Forecast Explained 🇪🇺🇯🇵
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame.
It is an important bearish confirmation.
We may see a bearish movement to 156.2 / 155.5 soon.
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