The EURJPY market signals a short term bear setup with the prevailing bear trend of previous months calling for an attack under the 131.15 swing low. A close under 131.25 projects a larger bear wave to 130.26. The reluctance to stay under 131.15 hints for rebounding action, but trade needs a close over 132.16 to renew a bottoming formation.
Last Updated Date: 8 February 2022 @ 9:30 AM (UTC)
*Please note that all the dates are in GMT time zone