Sell EUR/JPY Bearish Channel

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The EUR/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 161.15

Target Levels:
1st Support – 159.88
2nd Support – 158.91

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beyondtechnicalanalysisChart PatternsEUREURJPYeurjpyshortForexfundamental-analysisTechnical Indicatorsjpysupply_and_demandsupportandresistancezonesTrend Analysis

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