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EURJPY- BEARS- 1ST DAY OF TRADING!!

FX:EURJPY   Euro / Japanese Yen
23 0 3
EURJPY             15mn chart- Thursday was a bullish trading day, then Friday was a consolation in PA trading day. Per chart PA has made a FLAG pattern . My opinion, 1st day of trading will be bearish , please refer to Fibonacci Retracement indicator on top of chart. This will show possible Support & Resistance areas for traders to enter and/or exit trades.

Noted: Support and/or Resistance area are:
1) 117.100 at 0.382%
2) 116.800 at 0.500%
3) 116.500 at 0.618%
4) 115.500 at 100%

Best indicators to use are: Eyes & Brain. Price Action, Trends, Support & Resistance area will all assist in making your trading successful. Next week's trading will have more volatility , so breakouts of consolidation areas would help on higher time frame trades. Good Luck!!
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