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EURJPY: Bearish Forecast

Euro / Japanese Yen (FX:EURJPY)  
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FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis euro yen japaneseyen Technical Analysis forecast Currencies EURJPY trading USD
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trendanalysis chartpattern waveanalysis euro yen japaneseyen technicalanalysis forecast currencies eurjpy trading usd
snapshot

morning traders,

EURJPY is testing a strong 4H structure resistance 116.35.

on 1H a rising wedge pattern was violated to the downside,
and it confirmes the significance of the above-mentioned level.
+we see a tiny, little head and shoulders formation with a neckline breakout.

based on that, chances are high that the price will keep falling!
target levels: 115.95 / 115.65
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