FinancialGamblR

EURJPY Continuation Play

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
EURJPY has been trading in a range between 157.139 and 159.336 since early August. Earlier this week, price finally broke below the lower range boundary and it looks like price will remain below it.

I currently have a bearish sentiment. Although price may take a pause post-breakout, I anticipate continuation to the downside will remain likely as this reversal is underway.

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