EURJPY - Short

Price possibly can sell off. Price has reached a weekly resistance, price ended up forming a Head & Shoulders at that resistance (126.750). Currently price is in an descending channel, price sold off from trend line resistance. Its possible price could be forming an bearish flag on the LTF.

Price could sell of to 121.750, if price breaks support it could head to the next support 120.500
-PMGAI