This price has been forming a pennant for the past few days, ever since it hit the support zone at 155.

I anticipate that this currency might continue with the bearish run if it retests the lower trend line of the pennant, which will be a confirmation that the bears are in control.

Entry point at 160.3 SL at 162 and TP at 155.3
Chart PatternsEURJPYeurjpyanalysiseurjpyshorteurjpysignaleurjpytradeTechnical IndicatorsTrend Analysis

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