RizeSenpai

EURJPY: Bearish Butterfly with PPO Confirmation and Divergence

Short
OANDA:EURJPY   Euro / Japanese Yen
EURJPY is trading at the HOP level of a Bearish Butterfly while Bearishly Diverging on the MACD and printing a Bearish PPO Confirmation Circle just a few days ago as it broke the 21-day SMA. If it continues on this path, I'd expect the EURO to lose most if not all of the 2023 gains it's made against the Japanese Yen.