Currency Pair:Eur/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 132.74
Trend: consolidation(daily)
Possible trading range:129-136
Technical analysis:a bearish triple top and a recent breakout to the downside from a descending rectangle
Forecast: if price succeeding in breaking decisively and staying below the 133.28 level for more days then this action will cap the bulls' hopes to rally above 134.
My target: 130.52


Translate to English Show original