Euro / Japanese Yen
Short

EURJPY..... SHORT POSITION

50
EURJPY---- Final decision( Short)

The pair on the weekly time frame is bearish
Daily also bearish
H4 appears bearish with the retest to high
On the H1 and M15 it formed a descending channel with a wick handle stick to price 118.595

On Monday we will wait for the price action to zone 118.595 after the price broke the descending channel, then look for a sell opportunity.

The possible v/s probable psychology..

Tell us what you think of the pair.

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