EURJPY: Awaiting for better signals

FX:EURJPY   Euro / Japanese Yen
38 0
Price did eventually break below the wedge pattern. However, looking at price action and how it reacted upon the break, we would be cautious shorting this pair simply based on the breakout.

Personally, I would wait for a better and clear signal to enter this trade.

I would love to hear your opinion, feel free to comment, agree or disagree.


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