Hey traders,
During the last three weeks, EURJPY is growing nicely.
Bulls were steadily pushing the market within the boundaries of an expanding wedge pattern.
Yesterday was a very bearish day though.
The price broke a support line of the wedge and a neckline of a h&s pattern to the downside.
Now I believe that the price may drop to 129.75 level.
❤️Please, support this idea with like and comment!❤️
Note
Check my new idea on CADJPY: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.