Following an aggressive sell-off last week, EURJPY has proved that it intends to go lower.
There are swing points that formed during Friday last week, as delineated by the dotted line.
I presume price will reach up to the 121.200 institutional level, which is also a 61.8 retracement, and gravitate lower to atleast Friday's close, and beyond...
There are swing points that formed during Friday last week, as delineated by the dotted line.
I presume price will reach up to the 121.200 institutional level, which is also a 61.8 retracement, and gravitate lower to atleast Friday's close, and beyond...