EURJPY - Rejecting resistance level?

PAIR IN FOCUS: EURJPY
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

After climbing up for the past week due to JPY weakness, price has faced a resistance level and seems to be rejecting off it. Looking for a small retracement up to the S/R level before continuing down. Look out for bearish price action at the S/R level before any SHORT entry.

The TP levels and Stop Loss are indicated on the chart. Remember to manage your risk!

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