歐元 / 日圓看空
EUR/JPY Sell Opportunity?
EUR/JPY reached a very high key area with an ascending channel, and it is known that when a certain product reaches a high key area with an ascending formation, we expect a breakout to the downside since the momentum is starting to fade away.
If EUR/JPY manages to break the 38.2% Fibonacci Retracement level at (129.39), we could see a continuation for more downside towards the 61.8% Fibonacci Retracement level at 126.43 and the 100% Fibonacci level which is the bottom of the rising channel at 121.64.
If EUR/JPY manages to break the 38.2% Fibonacci Retracement level at (129.39), we could see a continuation for more downside towards the 61.8% Fibonacci Retracement level at 126.43 and the 100% Fibonacci level which is the bottom of the rising channel at 121.64.
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