EUR/JPY is facing resistance from its bearish trendline.
It has also a formed a head and shoulder pattern at the trendline.
Hence, we expect the pair to retreat downwards to the support at 124.227.
It has also a formed a head and shoulder pattern at the trendline.
Hence, we expect the pair to retreat downwards to the support at 124.227.
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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.