EUR/JPY has broken its rising trendline, formed in the 1-hour chart.
It has broken with a strong impulse candle.
Hence we expect the pair to move to its support at 124.963 and traders can short in a pullback.
It has broken with a strong impulse candle.
Hence we expect the pair to move to its support at 124.963 and traders can short in a pullback.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.