EURJPY Retracement

With price looking to be losing momentum in its recent uptrend, the most recent Hourly lows now look to have been mitigated suggesting formation of lower lows. That said, price's movement upwards only got to the premium price range, failing to form higher highs that would have confirmed immediate uptrend resumption. Also following the Intraday trendline, a breakout at Point D is likely and could push price down to 130.300 range where an hourly sponsor candle is present to rule out the imbalance and later resume bull strength.
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