TrueNorthTradingFX

EURJPY Structure Change?

FX:EURJPY   Euro / Japanese Yen
Got some interesting structure forming on EJ currently. Were by no means screaming longs on this pair yet, but we can't ignore the failure to make a new low on the smaller TF, also with a double bottom forming. We have a significant level of 126.500 that needs to be broke before longs are considered on this. At that point we would look for pullbacks before entering.

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