EURJPY ASCENDING CHANNEL TOUCHED...

EURJPY has been travelling in an ascending channel ever since the huge drop on the majority of the fx pairs. Not much to be said apart from the doji candle and bottom of the channel has been hit, indicating price will make its way back up to the top of the channel

IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.

Trade closed: stop reached:

HIT SL