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EURJPY: Running out of steam?
Euro / Japanese Yen
Short
EURJPY: Running out of steam?
By Finchcliffe
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Feb 25
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Cheer
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Feb 25
We're back returning to the ATH, which is around the centreline of the rising channel we've been in since the pandemic.
I'm definitely expecting a reversal soon, we may post another ATH by a whisker, or it may double top before a move back down to the lower boundary.
Any strong JPY fundamentals will break the boundary and signal the reversal imo. Surely the Yen cannot be allowed to remain so weak??
Backing Yen will be on my agenda in the coming months.
Chart Patterns
EURJPY
eurshort
Fundamental Analysis
jpy
Trend Analysis
yen
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