On the weekly chart, EURJPY has currently formed a bearish bat pattern, and short selling can be considered at present. The downside target is around 166.8. After breaking through, the support below is around 162.2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.