EUR/JPY bearish
sentiment market
The sentiment market is mostly short with 82% being short and only 18% being long.
Technical analysis
The market is starting to form a downtrend. We also have a double top forming so it it brakes that resistance level i will put in a short.
News
Nothing today should effect the market for EUR/JPY.
Conclusion
I believe this pair will go short. If i enter this trade, my tp will be around 168 for about 130 pips.
The sentiment market is mostly short with 82% being short and only 18% being long.
Technical analysis
The market is starting to form a downtrend. We also have a double top forming so it it brakes that resistance level i will put in a short.
News
Nothing today should effect the market for EUR/JPY.
Conclusion
I believe this pair will go short. If i enter this trade, my tp will be around 168 for about 130 pips.
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