Euro / Yen Japonais
Short

EURJPY expected downtrend

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EURJPY is expected to start a downtrend as a bearish divergence has been observed on 1H timeframe, marked on RSI. Subsequently, the chart has started printing a rising wedge pattern, downward breakdown of which is likely to initiate the downtrend. Levels (Entry, SL, TP1 and TP2) have been marked on the chart for making a short entry in EURJPY.

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