EUR/JPY Signal - EUR Trade Balance - 13 Aug 2021
Updated
EURJPY is correcting in a bear market prior to the EUR Trade balance data, which records the total imports and exports for the Eurozone. Technically the pair is in a corrective wedge after a bearish impulse, and we anticipate continued downside now as the wedge is breaking. The RSI is showing bearish momentum and we anticipate downside into the 129.05 level.
Trade closed: target reached
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