Euro / Japanese Yen
Short

DeGRAM | EURJPY shorting opportunity at fibo cluster

460
EURJPY broke out of the descending channel and moved higher to the resistance level.

The market overall is moving sideways. There's a nice confluence zone to short at the resistance level, a fibo cluster, and a bearish harmonic pattern.

We expect a bearish move and a return to the descending channel.


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