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TraderXR
Sep 4, 2020 8:06 AM

EURJPY 

Euro Fx/Japanese YenFXCM

Description

2 possible scenarios;

1. If currency pair breaks out from the uptrend channel and breaks the strong support region then will initiate a short position upon retest
2. If currency pair stays within the uptrend channel and start a bullish momentum

What I will do now is to wait and check the 1H timeframe to determine my course of action.

Please drop me a like and share with me your analysis too!
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