EURJPY Downtrend

Aug 20, 2021

We have daily downtrend and it is almost to turn as weekly downtrend.
We will evaluate the progress into the targets

Aug 21, 2021

Note

The weekly close is supporting the downtrend.

Aug 29, 2021

Note

The daily trend remains as downtrend and the pair is at important resistance.

Sep 4, 2021

Note

We are out and waiting the price to return below the daily downtrend confirmation...129.62

Sep 11, 2021

Note

The weekly close is very nice which supports the downtrend but we still waiting the price to move and close below 129.62

Sep 15, 2021

Note

Downtrend has resumed

Sep 18, 2021

Note

The weekly close support the downtrend.

Oct 4, 2021

Note

The weekly close is very nice but we still need one more week at this low or lower level to confirm weekly downtrend.

Oct 17, 2021

Order cancelled