FTUKcom

EUR/JPY downside leg looking prominent...

FX:EURJPY   欧元/日元
After analysing the EUR/JPY we can see a potential short opportunity lining up. 136.50 could provide as a fantastic area to look for a bounce on this 4-hour descending trendline.

We have some EUR fundamentals heading into this afternoon. Ultimately the downside targets are 131.50 then 130.50. If we get this movement to play out, it will now likely occur over next week.

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