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EURJPY – Sellers has to break channel first
Trend: Sell/ Neutral
Market on EURJPY currency pair is in flow but first to set up new sell entry, price has to break channel to follow following lower targets. If not then buyers will test higher resistance levels. On the other side, if buyers are able to break at 120.375 point, we can expect price to hit channel .
Eventhough it is good to trade this idea with Elite custom indicator that can catch H1 trade set ups. (recommended)
Potencial trade idea:
NOTE – We are trading EURJPY via the preferred trading setups
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