Euro / Japanese Yen

Short

EURJPY Update II: More weakness After A Corrective Rally

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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EURJPY Divergence And Elliot Wave Suggests Coming Reversal

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EURJPY Divergence And Elliot Wave Suggests Coming Reversal

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.