EURJPY has formed expanding triangle or we can say a megaphone pattern.
Usually price react extremely well to the support and and resistance of the pattern as we can witness in the pattern.
Currently the price is at the resistance of the pattern , if the price start to continue dropping the next target could be 157.715 followed by 157.192.
Usually price react extremely well to the support and and resistance of the pattern as we can witness in the pattern.
Currently the price is at the resistance of the pattern , if the price start to continue dropping the next target could be 157.715 followed by 157.192.