Hello everybody Today we take a quick look at the currency pair eurjpy.
We see that we had to accept significant price losses. But the course fought back. Back to a potential short zone. is the fight going on? I do not think so. We can see that he bounced back at the same time as the 50s fibonacci. This is a very bearish signal. However, we see that we are in a downward channel and the outer wall has not been tested. We may even get a bit high before the market collapses like Jose Aldo in the first round.
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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.