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NJONGO_1

EURJPY DOWNTREND CONTINUATION AFTER A RETRACE

Short
Euro / Japanese Yen (FX:EURJPY)  
NJONGO_1  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns
3
2
trendanalysis chartpattern
the pair retraced after huge selling pressure earlier today and bounced off the downtrend support line.


the pair has now been rejected at the 0.236 Fibonacci retracement and I have identified a sell position.


my analysis is as follows.


please use appropriate lots and respect your stop loss!


take care!
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