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Last Updated Date: 19 January 2023 @ 1:19 PM (UTC)
*Please note that all the dates are in GMT time zone
Overall the EURJPY market is bearish with a downside breakout likely sending trade to attack a 137.40 weekly low. A close under 137.40 is bearish ⇒ 134.67. A reluctance to extend under 137.40 hints for attempts to rebound this week. Corrective rebounds trapped by 140.40 will maintain bear forces. A close over 141.30 (SAR) confirms the start of a reversing upturn.
