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EUR/JPY Technical: Bulls May Have Reached a Key Bearish Reversal Zone
The 9-month rally seen in the EUR/JPY has reached a key major resistance zone of 158.55/159.80. Several technical elements have started to hint at signs of bullish exhaustion where the next potential movement may be a multi-day to multi-week bearish mean reversion/counter-trend within a major uptrend phase. The short-term resistance and support will be at […] The post EUR/JPY Technical: Bulls May Have Reached a Key Bearish Reversal Zone appeared first on Action Forex...
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Posted: Sep 18 2023, 06:56
Author Name: actionforex
Views: 110751