theforexportal

EURJPY has hit resistance and is heading down

Short
FX:EURJPY   Euro / Japanese Yen
EURJPY has hit trend line resistance at 122.76 and is headed south.
A likely target would be the lower trend line at 119 area.
The TDI on all the higher frames suggest weakness and with the RSI on the DTF very BEARISH . I expect this pair to lose ground in the forthcoming trading week.

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