Euro / Japanese Yen
Short
Updated

DeGRAM | EURJPY retest of trend line

774
EURJPY is above the descending channel between the trend lines.

The price broke the upper boundary of the channel, formed a harmonic pattern and approached the dynamic resistance.

The chart maintains the descending structure.

We expect the decline to continue after consolidation under the nearest support level.

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Trade closed: target reached
Closed +209 PIPS

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