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Euro / Japanese Yen
Long

EURJPY: Reversal Pattern to Watch🇪🇺🇯🇵

By VasilyTrader
Updated
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Hey traders,

EURJPY dropped to key weekly structure support.
On that, the price formed an inverted head and shoulders pattern on hourly time frame.

To buy the market with a confirmation you need a bull breakout of its neckline.
125.55 - 125.95 is the zone that must be broken.
Then buy aggressively or on a retest with the goal 126.9

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Note
Check my new analysis on AUDJPY:
AUDJPY: Time to Buy 🇦🇺🇯🇵
EURJPYForexHead and ShouldersjapaneseyenMultiple Time Frame AnalysispriceactionpriceactionanalysispriceactiontradingSupport and ResistanceTechnical Analysisyen
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