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Here we have our EURJPY Chart on the Daily..
The recent rally in the EUR on this pair has seen it rise to previous highs in a downtrend channel. This area forms our short bias as we reach strong resistance price rejection areas. The recent BOJ news has also affected this market as Monetary policy decisions have an impact.
Our first exit comes on a fall towards our Key MA's within our downtrend movement. We are looking to trade With the trend and exit at some early support.
Exit at the eclipse symbol area.
Here we have our EURJPY Chart on the Daily..
The recent rally in the EUR on this pair has seen it rise to previous highs in a downtrend channel. This area forms our short bias as we reach strong resistance price rejection areas. The recent BOJ news has also affected this market as Monetary policy decisions have an impact.
Our first exit comes on a fall towards our Key MA's within our downtrend movement. We are looking to trade With the trend and exit at some early support.
Exit at the eclipse symbol area.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.