A few days back I wrote about the bearish market condition in the EURJPY, today I can confirm it, it is trading in a bearish market condition.
I’m currently looking for short opportunities in the EURJPY:
What it’s a little tricky, is how to get the next LT support level, we need to go to the weekly chart and get back to 2001 to determine the next LT support level.
Anyway, the EURJPY is bearish and short opportunities are in play.
What do you think?
Tags: EURJPY Analysis
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