EURJPY

Euro / Japanese Yen

Negative head and shoulders pattern on the 4-hours chart that supports the downside
Target level 131.65
Stop Loss Closed 4-hour candle above 133.90

Other technical signals that support relegation
1- The price has a weekly supply area that may return prices to levels of 127, even as a correction for the bullish rally
2- The completion of the AB=CD pattern and the retracement from the 200 Fibonacci level
Which paves the way for the completion of the Shark pattern at the level of 129.50
Chart PatternsHead and Shoulders

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