Today I attempted to sell EURJPY with my stop-loss placed at 173.02 and take-profit at 172.65. EURJPY on the M15 timeframe: From the price action perspective, a price rejection pattern is visible around the resistance area of 173.00 to 173.20. This area has been tested several times, but the price failed to break through, so it can be considered quite strong resistance. Meanwhile, on the downside, there is important support at 172.50. If the price can hold above this area, the opportunity for a rebound remains open. However, if the price breaks below this level with a strong bearish candle, the potential for further decline could take the price towards the 172.20 to 172.00 area.