We have seen buyers unable to push price further up and hence EUR is weakening against JPY. Price falls udner the resistance and goes back to test that resistance and forms a head and shoulder pattern which a sign of imminent reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.