EURJPY H4 - Short Signal

FX:EURJPY   Euro / Japanese Yen

Here is a comparitive, both eurozone base currencies, typically move very similarly due to correlation, the only factors being the length of the rally and the spikes caused from recent interest rate hikes and economic outlooks from central banks. That being said, both following suit to some degree.

I think we are starting to hit the pivot points for correction as mentioned last week, we have just yet to have seen it. An inkling of downside volume last week, can we see this resume again going forward?

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