EURJPY bearish scenario:
In this pair, technical analysis shows a technical figure Head and Shoulders . The Head and Shoulders has broken through the support line on 18/08/2021. EURJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 43 days with a target of 127.37. If you decide to enter this position, experts say your stop-loss order should be placed at 130.57.
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source https://www.smartmoneymanagement.info/2021/08/eurjpy-bearish-scenario.html
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