JAPANESE YEN / EUROUpdated JPY pairs looking Bearish short term & Bullish long term
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We can see a clear triangle break to the downside. Price is now retesting that key level and will most likely reject it for a move to the larger timeframe trendline!
Then we might see a bounce off that more important trendline up long term.
We can see a clear triangle break to the downside. Price is now retesting that key level and will most likely reject it for a move to the larger timeframe trendline!
Then we might see a bounce off that more important trendline up long term.
Note
Here is a better view of the long term trendline:
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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.