Euro / Japanese YenShort
EUR/JPY possible would go down
The price looks has completed the fifth wave in a long term up trend channel, and currently it is moving inside a short term down trend channel, and the current position is retracted back to the the down trend channel top line area, but it is still under the previous top (the fifth wave top).
RSI looks in a divergency in 8 hours time frame, and current under and pressure line of down trend.
Look for a 50% retraction to South.
RSI looks in a divergency in 8 hours time frame, and current under and pressure line of down trend.
Look for a 50% retraction to South.
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