ew-forecast

EURJPY Update II: More weakness After A Corrective Rally

Short
FX:EURJPY   Euro / Japanese Yen
Today, we shall keep an eye on EURJPY as well. Pair has a nice bearish structure following a break down from an ending diagonal at the start of the week, so we assume that price will continue much lower after any corrective bounce. Well, we already see correction unfolding towards 135.50 area where sellers may cause next leg down.

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