Candlestick analysis of EUR / JPY for July 14

4h The bovine candle formation “Absorption” and the subsequent bullish formation “Harami” allowed the pair to turn in favor of the European currency and begin to increase in the direction of the Fibo level of 200.0% – 130.92. The bearish formation on July 14 will be interpreted as a correction signal, since the equidistance channel […]