EURJPY SHORT
Weekly we have a lot of strong bearish momentum with the daily up trend broken as we can see the accumulation of orders at the top failing to find the strength to push higher. We can see that price breaks below the boxed zone of consolidation and can see on the 4hr how price is retesting the area of structure where price broke to the downside.
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.