EUR/JPY BEARISH BIAS RIGHT NOW| SHORT

٢٤ سبتمبر ٢٠٢٣

Hello,Friends!

EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 157.515 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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