EURJPY Starts a New Bearish Wave

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURJPY turns down after 15-year high, faces weakening bias Immediate support could develop within 160.35-161.00 region EURJPY traders engaged in some profit taking near last week’s top of 164.28, marking four negative consecutive days to drive the pair as low as 161.38  early on Tuesday. The negative slope in the momentum indicators is a discouraging signal ahead [&#8230;]</p>
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