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voorkasystem
Mar 1, 2017 8:28 PM

EURJPY Bearish Divergencies observed. Short

Euro Fx/Japanese YenFXCM

Description

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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