KlejdiCuni

EURJPY | Bear Flag | Time To Move Down?

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FX:EURJPY   欧元/日元
EURJPY | Bear Flag | Time To Move Down?

EURJPY broke out from the flag and it can keep moving lower.

However the actual weakness it is not addressed to a weaker EURO
but to the threat from Russia that is joining the market again.

According to news agency:
Russia’s Shoigu: We are fighting not only with Ukraine but the Collective west - source FXStreet


So we could see EURO in trouble again also from the fundamental perspective.

Thank you and Good Luck!
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