EUR/JPY rallied strongly and reached the resistance level. However, there could be a reversal here and a subsequent drop to 122. Watch for bearish price action and then sell with 122 as TP.
The sell set-up will be invalid is EURJPY closes above resistance.
The sell set-up will be invalid is EURJPY closes above resistance.
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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.