Euro / Japanese Yen
Short
Updated

EURJPY Potential downsides

1 361
Hey Traders, JPY is expected to see major changes in interest rate policy. expectations are rising as Japan didn't changed its policies for a long time since now and considering that JPY is also considered a safe haven in this type of environment where there is incertainty then investors tend to buy it.
Technically we have noticed that JPY is rejecting an important supply and demand zone at 144.400.
Feel free to ask any question in the comment section.
Trade safe, Joe.
Note
More than 400 pips waterfall as expected.

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