Euro / Japanese YenShort
EURJPY Broke Past Major Support, Potential Further Drop!
EURJPY broke out of its major support at 125.60 where it could potentially fall further to its support at 124.83 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
RSI (89) is being held down by a descending line which adds to its bearish pressure.
RSI (89) is being held down by a descending line which adds to its bearish pressure.
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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.