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EURJPY: Potential Continuation & Trading Plan (Trading Plan)



EURJPY is correcting after a strong bullish move last week.


The price is steadily falling within a falling parallel channel - bullish flag pattern.

Now the price is approaching a yellow strong horizontal support.


IF the price violates the resistance of the flag, for us it will be a strong bullish signal

and bullish continuation will be expected.


Potential goals:

129.3

129.8


In case of a bearish breakout of yellow support, setup will be invalid!

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