eurjpy is currently trading is a falling parallel channel called flag pattern.
pair is very close to a major demand zone and we can expect strong bullish pressure inside this area.
wait and buy bullish breakout of a flag.
T1 - 121.0
T2 - 121.3
Note
Confirmed bullish breakout
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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.