EURJPY| Bearish Momentum Expected Below 164.700
Good day,
EURJPY has the potential to pulse up and drop at the H1, and bearish interest is more below this level (164.710).
The price movement followed the ABC price sequence with the H-L-HH SND pattern, and with the waves maxing out, a drop is possible to go below the lower low.
The bias is 163.713 to the low of 164.700, with two potential price targets. And the further drop is at 161.971
Happy Trading,
K
EURJPY has the potential to pulse up and drop at the H1, and bearish interest is more below this level (164.710).
The price movement followed the ABC price sequence with the H-L-HH SND pattern, and with the waves maxing out, a drop is possible to go below the lower low.
The bias is 163.713 to the low of 164.700, with two potential price targets. And the further drop is at 161.971
Happy Trading,
K
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