EURJPY is in a Reversal Channel, we have a very nice reaction on 61.80% Fibo + Top of Channel + Key Level and the RSI is showing Overbuy condition = PERFECT SETUP for Sell
SL above the last high, TP showed with the arrow
78.60% Fib Retractement + Indicators confirmation + USD will go down soon & CHF showed last week first strenght signal.
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Daily view: Continuation within the Channel + Head & Shoulders formation at the top of the Channel (High probability)
H4 view : Trendline rejection + Key level test + small momentum MACD + Overbuyed RSI
First Target = 78.6% Fibonnaci retracement
Second Target = 100% Fibonnaci retracement
Small SL = 0.9100
Large SL = 0.9180