EURJPY SHORT

Updated
EURJPY

The pair is extremely overbought also shows signs of divergence. A clear doubletop is forming. At the moment the price action is largely dependent on BoJ decision, but it seems that it is ready to support the Yen. The trade is risky, but the reward is considerable.
Trade closed: stop reached
bojChart PatternsEURJPYeuroTechnical IndicatorsTrend Analysisyen

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