EURJPY is in a similar situation as AUDUSD and other currencies and that is -low volatility and choppy conditions. We will watch for eventual PA signals from daily bearish trend-line on this pair. Also, I have prepared for you a monthly chart for this pair and you can see that we have a great buying pin bar from the multi-year trend line. So, be on the sidelines and watch for the eventual changing context of the market from bearish to bullish, or, to another test of 119 area and PA signal from that area.

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Chart PatternsEURJPYTrend Analysis

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