OANDA:EURJPY   Euro / Japanese Yen
Broken support level out of consolidation. Price is trap inside of a sales channel with resistance at support. Price is below 50 MA. Trading with a overall downtrend. We have 4 or more factors of confluence! Looking for a push from London session may hold trade for 2 or 3 days.
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.