VasilyTrader

EURJPY: Time For Pullback?! 🇪🇺🇯🇵

Short
OANDA:EURJPY   Euro / Japanese Yen

EURJPY may retrace from a key daily horizontal resistance.

The market looks quite overbought after quite an extended bullish movement.
A cup & handle formation on an hourly time frame indicates a local strength
of the sellers.

I expect a retracement at least to 166.76 support.

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