EURJPY: Bearish Continuation

EURJPY retested a broken support line on a major parallel channel on a daily.

on 4h the price formed a sequence of reversal candles:
dodji + rejection candles,
bearish engulfing candle

+ the retest point matches perfectly with a 618 fib.retracement of the last bearish impulse on 4H.

based on that the probability that the price will start falling is very high.

initial target 125.0

Commento:

Check new analysis on USDCHF!!!