Cosmic Gravity gave strong bearish signals on the 1W USDJPY and EURJPY charts. The indicators suggest a bearish move and the targets are approximated by extrapolating the USDJPY "R3 line" and EURJPY "R1 line" lines. While the prices may drop further, these are the closest support levels suggested by the indicators. Due to the strong bearish signals and lack of strong resistance levels the stops in this forecast are placed somewhat arbitrarily so please take this into account.
Technical Indicators

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