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EURJPYAs I said last weekS .... EJ closed over 130,200 and came close to 131,000 from where it rejected very strongly entering again below the trend line! analyzing the chart on 1 month where it formed "W" and where I kept saying that it will go down minimum 500 pips and the chart on 1 week ! I can say that I will search SELL until 128,200 or maybe even below ... THIS WEEK...as I said last week, EJ reached 128,200, from where it strongly rejected ... Starting last week, a new Fibonacci downtrend was formed on the 1-day chart with the Fibonacci level 618 at 129,700 ... from where I think it will reject again and will go down to 127,200 (see the round area) where ... UP AGAIN! However, a 1-day close above 129,700 opens the BUY area again for at least 100-150 pips! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
by BloomFX_SIGNALS