Strong Downtrend in EURJPY—Here’s My Trade Plan!

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In this video, we take a quick look at the EURJPY currency pair, which is currently in a strong downtrend. On the four-hour timeframe, we can clearly see lower highs and lower lows. However, price has now reached a key support zone on the weekly and daily timeframes. While my bias remains bearish, I’ll be watching for a retracement toward previous swing highs for a potential entry, as the pair is trading into a significant liquidity pool and is likely to react at this level. This is not financial advice.

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As predicted