With a creation of new year low, I suspect EURJPY to continue its downtrend in the future. Right now, i expect the pair to retrace higher first to 123.636 levels before making its next move lower.
However, there is a chance that EURJPY may push up to 124.937 as the pair has seen very bearish momentum lately. Trade safe.
However, there is a chance that EURJPY may push up to 124.937 as the pair has seen very bearish momentum lately. Trade safe.
Note
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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.