Euro / Japanese YenShort
EURJPY under selling pressure towards 135.30~ target
This pair is currently testing a critical historic resistance turned support and now back to resistance zone. Based on the longer upper candle tail, it looks like buyers are unable to penetrate this zone to go beyond the 136.50~ mark. Currently remain bearish. Trade recommendation is a sell to maximize the reward to risk ratio as the opportunity for a tight stop loss exists just above this zone.
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