The outlook for EURJPY currently suggests a bearish bias. This potential decline is supported by the formation of a double top pattern and a swing high, both of which are strong technical signals pointing toward further downside movement. Based on this analysis, the probability of continued weakness remains significant.
Trading Recommendation:
- Sell EURJPY
- Entry: 174.200
- Take Profit: 173.763
- Stoploss: 174.506
*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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