The EURJPY has been in a downtrend since the start of the year, with the price breaking below a key support level at 186.877. The recent candles have shown a strong bearish momentum, with the price making a new low at 186.426. The volume has been decreasing, but the recent candles have shown a slight increase, indicating that the bears are still in control. The downtrend is also supported by the 200-period moving average, which is below the price. Looking ahead, we expect the price to continue its downtrend and reach our target level. The recent candles have shown a…

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