Euro / Japanese YenShort
EUR/JPY looking like it wants to become bearish
EUR/JPY is looking like it wants to become bearish on the hourly charts.
We're seeing some negative trading below the lower 1StD Bollinger Bands.
If it closes in a strongly negative manner (bearish candle) below the swing low at 129.48, we could see USD/JPY trading down to the S1 Pivot Point level at 129.27.
Remember, we need to see that bearish close.
We're seeing some negative trading below the lower 1StD Bollinger Bands.
If it closes in a strongly negative manner (bearish candle) below the swing low at 129.48, we could see USD/JPY trading down to the S1 Pivot Point level at 129.27.
Remember, we need to see that bearish close.
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