EURJPY 04 05 2021

OANDA:EURUSD   Euro / U.S. Dollar
EURJPY 04 05 2021

In April, the price rose from the 1.168 support (the main turn line in March 2020) to the resistance of 1.215 The price reversed and started to fall. I expect the fall to continue.
The main reasons for this are:
- breakdown of the support at 1.197 (slowdown in price).
- strong resistance line of February 2020.
The target is 1.186.


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