EUR/JPY BEARISH BIAS RIGHT NOW| SHORT

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Hello,Friends!

EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 161.811 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Not
TP in sight so we are being patient!
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Bearish PatternsChart PatternsEURJPYforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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