eurjpy has failed to make new highs last 2 weeks as my previous analysis that it will break the trend line and fall to the 128.40 level
i will stay on the same analysis for the next week
on the chart we have a triple top but pattern wich is not confirmed because we dont have a neck broken wich is at 129.80 and we also have lower highs wich tell us a bearish movement is on the way and my point of view also supported by the broken trend line
as it couldnt make new highs of the previous weeks i drop is coming
you can sell below 129.20 ot just wait that neck on the chart to be broken
target 1 is on the chart
Good Luck
Rabihfx
i will stay on the same analysis for the next week
on the chart we have a triple top but pattern wich is not confirmed because we dont have a neck broken wich is at 129.80 and we also have lower highs wich tell us a bearish movement is on the way and my point of view also supported by the broken trend line
as it couldnt make new highs of the previous weeks i drop is coming
you can sell below 129.20 ot just wait that neck on the chart to be broken
target 1 is on the chart
Good Luck
Rabihfx