EURJPY facing bearish pressure, potential for reversal!

Price is holding below the Ichimoku cloud and descending trendline resistance,, showing bearish pressure in line with our bearish bias. We could potentially see price reverse at 1st resistance, in line with 50% Fibonacci retracement and horizontal pullback resistance, and drop further towards 1st support, in line with 100%, 127.2% Fibonacci extension and horizontal swing low support.

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Chart PatternsEUREURJPYeurjpyshortHarmonic PatternsjpyTrend Analysis

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