Euro / Japanese Yen
Short
Updated

EURJPY Breached Below Daily Support

181
After a very strong rally that originated in early-March, price is beginning to stall.

However, price attempted to trade to previous highs on March 29th. This failed and price traded at a lower high on April 1st.

As of now, price is breaching below a key 134.6~ level, which is signalling further downside ahead.
Note
Price is breaching below the daily support as well:

s3.tradingview.com/snapshots/4/4seAaSY4.png

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.