InvestMate

EUR/JPY Beautiful descent time to continue.

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FX:EURJPY   Euro / Iene Japonês
💶EUR/JPY Beautiful descent time to continue.

💶As I wrote about the EUR/JPY's descent today in the Asian session. For a comprehensive explanation I refer you below:

💶I see that after sharp declines there is again an opportunity to join the declines.

💶All due to the correction we made in the European session hours.

💶There are 2 scenarios.

💶Either we will start falling now or we will still make a climb to the 0.618 level from where the declines will be consecutive.

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