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Euro / Japanese Yen
Short

SHORT EUR/JPY.

By KNFX_TRADING
SHORT EUR/JPY, IF*** there is a clear rejection around the 50% and 61,80% level of the fibonacci. The market broke a trendline dated from May 6 2020, it is also creating the right shoulder of an head and shoulders pattern, it is on a key level and the market is retesting the 38,20% level of a monthly fibonacci. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsEURJPYkeylevelshortTrend Analysis
KNFX_TRADING

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