EUR/JPY Trading Analysis (22/01/2025)
The trend is down. The currency pair is trading between 365 and 135 EMAs on the H1. The bullish wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
- Sell when the formation of the descending wave structure begins, when …