EURJPY tested the upper border of the descending channel.
The market fell below the 157.500 resistance level, which is essentially a false breakout.
Price action is printing lower lows and lower closes, indicating a bearish trend on the 4-hourly chart.
We expect a bearish move, breaking through the ascending channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market fell below the 157.500 resistance level, which is essentially a false breakout.
Price action is printing lower lows and lower closes, indicating a bearish trend on the 4-hourly chart.
We expect a bearish move, breaking through the ascending channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
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🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex