EUR/JPY’s sharp reversal last week suggests that a short term top was already formed at 187.93. Initial bias is mildly on the downside this week for 38.2% retracement of 182.56 to 187.93 at 185.87. For now, risk will stay mildly on the downside as long as 187.93 resistance holds, in case of recovery. In the […]
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