EUR/JPY-Bears Are Dancing On The Floor, It’s Party Time.

May 24, 2018

 

Pair has made a fresh low of 2018 as Solid JPY demand has occurred whereas PMI in Germany was disappointing and EMU helped with EUR selling. Pair is making successively lower lows and lower highs and we can see complete blood bath on the chart. The three black crow candlestick pattern has been posted on the daily chart which is signaling that bears are not in mood to take rest.

 

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