AHanson

Strong Support Rejection on EJ

Long
FX:EURJPY   Euro / Japanese Yen
7
EJ is back again testing the daily support of the 118.726 area. Now we've seen this area reject down trends late November and early December of 2016 as well as late February of this year as seen in the 4 hour chart. Which means since as though this support line is quite strong we can see a false break-out or another rejection yet again.
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