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EUR/JPY Signal-French 6-Month BTF Auction- 13 June 2022

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Signal Details
Entry Price: 
140.988
Take Profit: 
138.926
Stop Loss: 
142.024
Direction: 
Sell
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EUR/JPY is trading to the downside today prior to the French 6-Month BTF Auction. Price is bearish following a head and shoulder pattern presented on the 1 hour chart. We anticipate a bearish move down to level 138.926

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.