EJ Bears Breakout Of The Box

Wait 5 sec.

EJ Bears Breakout Of The BoxEuro/Japanese YenFX:EURJPYNovi_FibonacciEURJPY has been consolidating pretty tightly between Resistance and Support creating a Rectangle Pattern where Price has currently broken out to the downside! If Price makes a Retest of the Breakout and is successfully rejected, this could deliver some potential Short Opportunities!! After a Retest, Price has a couple Support Areas it could visit: TP1 @ 171.515 TP2 @ 170.975