Possible breakdown EUR/JPY

٣٠ يناير ٢٠٢٠

Strong support at 116 value, much weaker the current one that the trend is fighting with. The possibilities could be 2. The price is rejected, so it will retest the resistance of the current downtrend (in light blue), or the price will break down, till the previous support (circled in green). Is easy to take a chance on this one. If it goes up, is up, if down is down. But nothing is for sure.