EURJPY
The price just bounced off the level that has been respected for a long time on multiple occasions. We also have a dark cloud pattern formed on a weekly chart further confirming downward movement. Also Friday action ended on a 4H reverse hammer. I think we have enough signals to expect strong down moves to previous lows and possibly further to continue the down trend.
The price just bounced off the level that has been respected for a long time on multiple occasions. We also have a dark cloud pattern formed on a weekly chart further confirming downward movement. Also Friday action ended on a 4H reverse hammer. I think we have enough signals to expect strong down moves to previous lows and possibly further to continue the down trend.
Trade geschlossen: Ziel wurde erreicht:
The target level were reached almost in one abrupt move down.