EURJPY bearish as long as below the MA-21

Based on 4-hour chart, potentially bearish bias especially if price able to consistently break below 135.95 area. Potentially promote the sustainability of the bearish movement testing 135.50 before targeting 135.15 area (Fibo 38.2% of 149.77-126.08).

On the reverse side, the MA-21 at around 136.20 will act as immediate resistance. Once again break above that area would bring the price to neutral zone in the short term, with a possible retest the MA-200 at around 136.60. The next resistance could be found at 136.95 area.

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Thanks for give comment.