EURJPY price forecast downside Moment

EURJPY Price Forecast – Bearish Momentum Ahead! 📉🔥

EURJPY is showing strong signs of a downside move, and traders should be prepared to take advantage of this bearish momentum. Based on the current market structure and technical analysis, we have identified a descending channel pattern, indicating potential selling opportunities.

📌 EURJPY Selling Zone & Trade Setup:

🔹 Entry Level: 159.300
🔹 1st Target: 158.100 🎯
🔹 2nd Target: 156.160 🎯
🔹 Final Target: 155.000 🎯

💡 Risk Management is Key!
Trading is all about strategy and discipline—without risk management, even the best trade setups can fail. To protect your capital:
✅ Always set a stop loss at a safe level
✅ Stick to your trading plan—don’t chase the market
✅ Use proper position sizing to manage risk effectively

📉 Why is EURJPY Bearish?
🔻 Price is respecting the descending channel resistance
🔻 Weakening bullish momentum at key resistance
🔻 Potential rejection from the 159.600 supply zone

This setup offers a high-probability trade opportunity for those who follow a disciplined approach.

💬 What’s Your Take on EURJPY?
Do you see further downside movement? Drop your thoughts in the comments! 👇

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