Fri, Jan 10, 2025 @ 15:55 GMT
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EUR/JPY Bears In Control

MultiBank Exchange Group
By MultiBank Exchange Group

EUR/JPY is trading in the red and seems poised to take out the support from the UML. Is under massive selling pressure after the failure to close the yesterday’s gap. Continues to stay much above the 130.00 psychological level, but a breakdown below it will signal a larger drop. Only a rejection from here will signal a further increase.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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