It was a nice ride up on this pair to 136.63 resistance after the 3-month break of consolidation in Dec. However, it seems as if the pair has “topped” out. A Daily close below 134/134.30 should expose the former range floor and a close above 136.63 would negate the bearishness and take the pair higher.

2 thoughts on “EURJPY – TOPPING OUT – 28 JAN 2018”

  1. Dalmas Ngetich - FOREX.TODAY says:

    It’s a beautiful top especially in the weekly chart

    1. Maryna says:

      Indeed Dalmas and the bigger move to come on a close below 134.30.

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