Descending Channel is forming for EUR/JPY. As we can see the price has nicely bounced off the resistance line and now is heading down to form a Descending Channel. Will the Bears have the power to move price down ? We have put our Stop Loss right above the resistance line. Good Luck !
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.
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.