EURJPY - 1H Bearish 2618
Pair shows formation Double Top at a key 4H resistance.
Price has broken below the neckline. While price was breaking below, RSI was getting below 60 which doesn't show bullish strength.
Now, the price has retraced to golden fib 61.8% and getting the resistance in that area.
Looking for further downside on this, with at least a one-to-one move for now on downside.
Price has broken below the neckline. While price was breaking below, RSI was getting below 60 which doesn't show bullish strength.
Now, the price has retraced to golden fib 61.8% and getting the resistance in that area.
Looking for further downside on this, with at least a one-to-one move for now on downside.
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