theforexportal
Short

EURJPY looks weak

FX:EURJPY   Euro / Japanese Yen
As price remains under the 200 sma on the DTF , EUR BULLS look to have it all to do. The RSI on the DTF is at extreme oversold levels so a bounce cannot be ruled out but this is likely to be short lived and a downward resumption looks inevitable. Look to SELL this market down to 116.
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