EUR/JPY : middle-term descending movement , short-term ascending movement
Price near horizontal and diagonal resistance 125
Correction to levels of Fibo 23,6%
Price action : two pin bar at levels of resistance – signals of possible new descending movement
CCI(50) is below 0, CCI(14) going under 100 – signal for new negative impulse in descending middle-term movement
Stefan D. Angelov Head of Stocks trading
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