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EUR/JPY Quick Look - Falling channel on hourly

FX:EURJPY   Euro Fx/Japanese Yen
Hourly chart now shows falling channel, breach of which shall expose hurdles at 123.74 and 124.20. On the lower side, 123.31 may act as support, followed by psychology support seen at 123.00.

Yesterday, I had spotted a bullish break in EUR/JPY             , which turned out to be a fake move, courtesy of which I got caught on the wrong side of the move.

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