EURJPY - Daily - Looking for a SELL.
We are seeing a lot of weakness lately in the Euro. I think this pair is looking for some good retracement.
Also, the Yen is planning weaken later on as well. So the Yen will probably strengthen a bit in the next few days, in order the become a bit more attractive for the sellers. So this is why, I think we could see some SELLing in this pair. For now, of course.
First, I would like to see a test of that 1st trend line and then the 2nd one.
There is not much to add here. All the levels are on the chart.
As always, keep an eye on the price action!
Also, the Yen is planning weaken later on as well. So the Yen will probably strengthen a bit in the next few days, in order the become a bit more attractive for the sellers. So this is why, I think we could see some SELLing in this pair. For now, of course.
First, I would like to see a test of that 1st trend line and then the 2nd one.
There is not much to add here. All the levels are on the chart.
As always, keep an eye on the price action!
Comment:
Still haven't broken the support.
