EUR/JPY Quick Look - Falling channel on hourly

FX:EURJPY   Euro / 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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