EURJPY: Top formation, sell opportunity.EURJPY is neutral on its 1D technical outlook (RSI = 53.515, MACD = 0.340, ADX = 26.005) as it ranges between its 1D MA50 and 1D MA200. This is a peak formation on the LH trendline of the 5 month Channel Down identical to January. At least a -6.20% bearish wave is to be expected. Today's spike gives an even better sell entry for a TP = 154.00.
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EURP
EURBP CLOSE TO RESISTANCEHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, that the pair is very close to its 1st Resistance. It went up after consolidating for a lot of time and is now close to its 1st Resistance
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Ryan.R..Lopes