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Euro / Japanese Yen
Short

EURJPY

By mwananukachabota
EUR/JPY has broken out of a curve formation, transitioning into a bearish triangle pattern. The structure is reinforced by the presence of multiple bearish engulfing candles, signaling strong downward momentum. This setup indicates a potential continuation of bearish pressure, with lower levels likely to be tested. Traders should watch for a breakout below the triangle's support for confirmation of the downtrend.
Chart Patterns
mwananukachabota
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