- Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
- The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
- MVP line is below the price and acts as a support level.
- The first target is at the level of the previous peak - 123, and the second one, in case of an active price increase, is at the level - 123.25