Last Updated Date: 25 March 2022 @ 11:30 AM (UTC)
*Please note that all the dates are in GMT time zone
As the market is overbought for 8 consecutive days, the EURJPY market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 132.95 - 132.40. Sustained selloffs under 132.40 will encourage declines to 130.86. Any corrective congestion within yesterday’s range will keep trade aligned for selloffs.
