I try to make analysis for eurjpy pair today.
I see this pair still in strong bearish movement . If this pair can break the 128.25 support level, I predict this pair will go down to the next support at 127.75 But if this pair go up and break 128.75 resistent level, I predict this pair will make some correction to the next resistent level at around 129.25
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 128.60 and take profit at 127.75
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.