EUJPY NOV, 20, 2017 Technical Analisys

Analysis explanation

EJ is bouncing between a rectangle formation at 134 and 132.
A decisive break thought one of these level indicates the new direction of the trend
RSI diverge again price signalling a negative development
The currency has support points at 123 and resistant points at 134
The currency is technically assessed as negative for the medium long term term



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