The current outlook for EURJPY suggests a bearish move. This downside potential is supported by the formation of a double top chart pattern, along with a trendline shift from bullish to bearish. In addition, a candlestick confirmation further strengthens the probability of continued weakness in the short term.
Trading Recommendation:
- Sell EURJPY
- Entry: 173.085
- Take Profit: 172.685
- Stoploss: 173.350
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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