Euro / Japanese Yen
Long
Updated

Long oppertunity EURJPY 4 hour chart

When price bounces back from the trendline and confirmes through candlestick formation (eg. engulfing pattern), it can show room to rally to €123.72, which is a key resistance zone.
Note
Reversed Head and Sholder formation is possible which can lead to a continuation of the rally.
Order cancelled
Price broke through the trend line.

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