ElemontFX
Short

EURJPY SELL SETUP

FX:EURJPY   Euro / Japanese Yen
EURJPY             has been steadily climbing since our last analysis where it broke out as expected.
However, we believe price is nearing a reversal point and must come back down and retest the current trendline , possibly creating another higher-low.

We expect price to reverse around the next resistance level .
Look for confirmation from a break of trend line , the RSI and MACD .
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