The pair is trading below the strong daily resistance
However, we just saw a confirmed breakout of the consolidation resistance
And a nice pullback to retest this area as a support
Even though, the daily resistance area isn't broken yet
And this might as well be a fakeout
A long from the support makes sense
As EUR_JPY is in a local Uptrend+breakout
Good Risk-Reward, don't risk more than 0.5% of deposit
Long from support!
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✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
Related publications
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.