EURJPY is facing selling pressure, possibly due to risk aversion

EUR/JPY is facing selling pressure, possibly due to risk aversion in the equity markets. A series of bearish wicks paints a bearish bias on the 4hrs chart......price might touch our support/resistance zone...do a pull back for another nice entry....if its breaks the support/resistance zone.....the pair will sell off..........

Signal Specification

Entry: 120.575

Pending Entry: 121.663

Tp: 118.093

Sl: 122.325

R/R: 1.38