The 1 hour chart of EUR/JPY indicates that the pair is currently in sideways trend.
The pair is currently moving towards its upper range limit which is a strong resistance.
The stochastic indicator is also moving towards overbought region.
If the resistance holds, traders can go for a sell.
The pair is currently moving towards its upper range limit which is a strong resistance.
The stochastic indicator is also moving towards overbought region.
If the resistance holds, traders can go for a sell.