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EUR/JPY Drops To New Three-Year Low Within Long-Term Downtrend

Discussion in 'Technical Analysis' started by Kaitlin, Jun 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    EUR/JPY dropped to a new three-year low of 120.30 early on Thursday, dipping slightly below its previous long-term low that was hit late last week, before paring its losses by the afternoon. Helping to drive the currency pair lower on Thursday was a general risk-off sentiment during the earlier part[​IMG]

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