#EURJPY - H1 Analysis
📣 Upon reviewing the 1-hour timeframe, breaking the downtrend around 162.40 suggests potential price growth towards the 163.60 range.
⛔ Stop Loss: 161.35
Conversely, a breakdown below the 161.35 level could indicate a decline in price towards the 160.40 range.
⛔ Stop Loss: 162.40
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.