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EURJPY 1h Analysis August 17th, 2021

FX:EURJPY   Euro / Japanese Yen
As we can see we do have a bearish market structure and for us to get in we need to wait for the price to create a new LH to short the market. But if we scale in lower timeframe the market could reject the support level and retest the previous high. Or the market could break below the support level then we are short after a retest.

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