FX:EURJPY   Euro / Japanese Yen
Price bounced off the monthly sell target and has formed a set of higher high and higher low on the 4H TF.
We may see price fall back towards the support of the rising channel at 116. 40 before the uptrend resumes.

Alternatively, there may be a bullish push to the monthly buy target at 120.17 for a bearish set-up in June.

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Disclaimers: The view on this chart is not an advice or recommendation. It is solely for educational and general information only.

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Comments

Very good interesting analysis,
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