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EURJPY: Bearish Butterfly with PPO Confirmation and Divergence

Short
Euro / Japanese Yen (OANDA:EURJPY)  
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OANDA:EURJPY   Euro / Japanese Yen
Technical Indicators Harmonic Patterns Trend Analysis euro jpy yen japaneseyen bearishdivergence Bearish Butterfly
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indicator harmonicpatterns trendanalysis euro jpy yen japaneseyen bearishdivergence bearishbutterfly
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.

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