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EURJPY 4H Channel Failure

Euro / Japanese Yen (FX:EURJPY)  
Tradingstrategyguides  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators channelbreak Relative Strength Index (RSI)
3
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trendanalysis chartpattern indicator channelbreak relativestrengthindex
Pair is possibly starting Bullish 5th wave up back into the channel. Could place pending orders of buy limit and buy stop or wait for bounce from sup/res level and double 00 at 132.00. If failure happens RSI should cross and stay above the 50 level line.
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