Limited upside in EURJPY this week

The AB=CD corrective formation lines up with the March Marabuzo

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Monthly: Posted a bearish Outside Month in March. This pattern often highlights the top of a trend and the start of a new downward bias. The Marabuzo level (mid-point from open and close) is located at 132.76 Weekly: A 261.8% extension level from the current trend (137.55-128.99) is located at 115.14. This is close to the April 2017 low trade at 114.85. A long-term target area. Daily...

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