EURJPY Short Scenario - #eToro

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If the price will move under the Support Area 130.39-129.92, it could move down to the target ~126. This scenario shows also possible retraces back, following the Fibonacci levels and the retesting of the resistance.

This long tail of May 22 suggests the possibility of a breakdown of the support. In next days we will see if the price will continue pushing the support level.