FX.co ★ EUR/JPY
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EUR/JPY
So far today, there haven't been any significant changes here, and the pair continues to press southward. The only thing that has changed is that there is a closed bearish candle below a level that was recently a support, which is the 183.37 level, and now it has become our resistance. I still tend to believe that the southern direction will continue towards the support at the 182.40 level, and once this level is reached, the pair may turn in a retracement direction, meaning it could go north. If this support is broken, a rebound from it seems unlikely. Wishing everyone profitable trades.