EURJPY Bollinger Band Spike and Multiple Rejections To The Top

Hi traders,

Similar to the EURCHF, I see a wonderful Bollinger Band spike together with multiple bullish rejections, thus, I am expecting a downside until the 50% Fibonacci level. My first position has been added already, now waiting patiently for the break of the support area to add to another trade. We might see a retest first before we go down.

(This is not a trade recommendation!)
Chart PatternsEURJPYeurjpyforecasteurjpyideaeurjpypredictioneurjpyselleurjpyshorteurjpysignalTechnical IndicatorsTrend Analysis

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