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CryptoPAMM
Aug 4, 2015 8:45 AM

EURJPY SHORTING OPPORTUNITY Short

Euro Fx/Japanese YenFXCM

Description

EURJPY broke the uptrend trendline that acted as a resistance later. Currently price is rejecting the downtrend channel. Although spikes higher are expected EURJPY still is in the selling area, besides a bearish divergence was formed. I'd target 161.8% fibs from the last wave up before the uptrend trendline was broken.
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