EURJPY developed double top pattern on daily chart. We didn't get new high so we can expect further weakness on this pair. The neckline of double top pattern is 131.70
Keep on mind that double top pattern become valid only after the neckline breakout. From the neckline price can go higher. So the safe entry is after neckline breakout.
Keep on mind that double top pattern become valid only after the neckline breakout. From the neckline price can go higher. So the safe entry is after neckline breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.