How To Catch/Understand Impending Forex Reversals | EURJPY Today

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For any Market to reverse its long term trajectory, you need to have a complete change in Market Mood / Sentiment.

This is becoming apparent on the EURJPY and other JPY pairs as prices/mood reverses.

A more hawkish JPY mixed with a more Dovish ECB, as well as other major economies may provide the means for a longer term reversal.

Potential for other measures incorped by the BOJ too.
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Real push across Yens. JPY strength coming from a potentially more hawkish BOJ.

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Support level being hit is OK. But any entries would be light.
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Chart PatternsEURJPYFundamental AnalysisjpyTrend Analysis

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