voorkasystem

EURJPY Bearish Divergencies observed.

Short
voorkasystem Updated   
FX:EURJPY   Euro / Japanese Yen
Regular Bearish Divergence is observed on EURJPY hourly chart indicating a possible trend reversal from uptrend to a downtrend. Bulls are exhausted.

Hidden Bearish Divergence is observed on EURJPY 4-hour chart indicating underlying weakness. Found during retracements in a downtrend. Nice to see during price retests of previous highs.



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