EURJPY:-Down Down Down!
EURJPY:- since breaching the level of 132.000 we have seen price tap the daily key level of resistance 133.100 and fall consistently for 10 days reaching the lows that previously caused a reaction at 129.350. The overriding sentiment on the pair remains bearish as the higher time frame analysis suggests that there could be a correction in place. The current price has tried to pull itself off the support looking to make a base only to find the Daily Ma capping current price acting as a dynamic area of resistance. The downside potential for the pair remains 128.000 if we can see a continuation occur after retesting the resistance levels. The immediate l...Read More