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EURJPY | Bearish Insight

Short
Euro / Japanese Yen (FX_IDC:EURJPY)  
ezadamir  
FX_IDC:EURJPY   Euro / Japanese Yen
Support and Resistance Moving Averages Fundamental Analysis
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supportandresistance movingaverage fundamental
EURJPY - the Global economy New Orders PMI dropped abruptly, in the past this led to a decrease in price


Price Near Downside Support

  • Economic Growth indicators for the Global economy <WOR> dropped abruptly. Historically, this led to a median decrease in EURJPY price of -16.44% over the following 6M


  • World Manufacturing Markit New Orders PMI (below 51.4) AND (11d chg below -2.3)


  • Eurozone Manufacturing Markit New Export Orders PMI (below 49.2) AND (11d chg below -5.6)

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