Euro / Japanese Yen

Updated

WHICH WAY DO FEEL EURJPY WILL GO - BEARISH OR BULLISH

FIB EXTENSION OR
FIB RETRACEMENT

Note

Looks like it might be a bearish continuation.

snapshot

Note

Still strong bearish momentum.

snapshot

Note

Well let's see what happens. Bullish Continuation went down to 50% fib retracement.

snapshot

Note

This shows how confusing Fibs can be, This can still be a Bearish retracement move if price goes up to 38.2% or 50% fib and then reverse back bearish.

snapshot

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Also on:

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.