EURJPY Near Heavy Resistance — Is a Reversal Starting?

EURJPY() is currently moving within a heavy resistance zone(188.22 JPY-183.17 JPY), near the resistance zone(186.35 JPY-185.19 JPY)inside this key zone.

From an Elliott Wave perspective, it seems that an upward corrective zigzag(ABC/5-3-5) has completed, where wave C formed an ending diagonal.

I expect EURJPY to start declining from the resistance zone(186.35 JPY-185.19 JPY) and drop at least toward 183.43 JPY.

First Target: 183.43 JPY

Second Target: 182.35 JPY

Stop Loss(SL): 186.37 JPY(Worst)

What’s your view on EURJPY?

💡 Please respect each other's opinions and express agreement or disagreement politely.

📌Euro/Japanese Yen Analysis (EURJPY), 4-hour time frame.

🛑 Always set a Stop Loss(SL) for every position you open.

✅ This is just my idea; I’d love to see your thoughts too!

🔥 If you find it helpful, please BOOST this post and share it with your friends.

交易進行

交易結束：目標達成

First Target Done(183.43 JPY)

pejman_zwin

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pejman_zwin

🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:

🤖 t.me/Protrader365bot
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🎁 Free VIP Forex and Crypto Signals, please visit:

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