Signal EURJPY Sell — D1 - April 23, 2026 18:52 GMT-4
The EURJPY D1 chart exhibits a weakening downtrend, with the price struggling to break below the 186.5 support level. The recent price action has been characterized by a series of lower highs and lower lows, indicating a decline in momentum. The candlestick patterns also suggest a bullish reversal, with a hammer forming at the 186.5 level. However, the volume has been decreasing, indicating a lack of conviction in the buying interest. The overall trend is still bearish, and a sell signal is justified given the price's proximity to the resistance level and the decreasing momentum. The sell signal is supported…