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FX.co ★ EURJPY H1: Bearish Pennant

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Technical Analysis Patterns

2026-08-03T01:00:11
Signal strength 4 of 5

EURJPY H1: Bearish Pennant

Bearish PennantThe Bearish Pennant pattern has formed on the EURJPY H1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 181.13.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by EURJPY