YourLazyTrader

EURJPY possible reversal in this area

Short
FX:EURJPY   Euro / Japanese Yen
EUR/JPY rallied strongly and reached the resistance level. However, there could be a reversal here and a subsequent drop to 122. Watch for bearish price action and then sell with 122 as TP.
The sell set-up will be invalid is EURJPY closes above resistance.

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