JustTradeSignals

EURJPY | DISTRIBUTION PHASE?

OANDA:EURJPY   Euro / Japanese Yen
EURJPY has been trading with bullish rising trendline as making higher highs and higher lows. The indicator suggestings bearish divergence on the chart. The current phase is a no trade zone and we have two possibilies out there;

a) Bearish Breakdown
b) Bullish Breakup

Trade your levels accordingly.

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