The EURJPY was on a bullish trend.
Along the ascending support line however the pair soon broke through the rising support
and we are seeing a reversal also a potentioal retest of the supply cluster ABOVE
Where a bearish move below is most likely to occur
Daily outlook - EUR/JPY climbs to 129.46
An early hours of Monday’s trading session revealed that the EUR/JPY currency pair has successfully used an upside moment that was created by a release of data on the US CPI last Friday to surge not only to the 129.46 level, but climb even a little bit higher.
In theory, the pair has a chance to gain a foothold at...
