EURJPY DAILY OUTLOOK

7 באוק׳ 2019

EURJPY: 4 hour right side is turning down against 9/13/2019 peak (120.62). 1-hour right side is turning down against 118.48 high. Near-term, while rally fails below there, expect pair to extend lower. At this stage, pair needs to break below 115.8 low to avoid a double correction.