EURJPY SHORT SETUP H1
On EURJPY, I predict a decline towards 146, where we have a strong demand zone. After the sixth confirmed touch of a bearish trendline around 149, the price has resumed its descent. There is an expectation of a weak euro and a strong USD in anticipation of the congress, while the yen tends to strengthen in times of danger as it is considered a second safe-haven currency.
Let me know what you think.
Happy trading to everyone.
Let me know what you think.
Happy trading to everyone.
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