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Euro / Japanese Yen
Short

EURJPY TO GO BEARISH

By MakhadoRomeo
The EURNZD structure and the EURJPY structure are comparable. Given that the price has already shown the first indication of a reversal, breaking below the MTF ascending channel within the HTF ascending channel, I am anticipating a push lower. As a result, the current structure suggests that the price will continue, which is why it is called CAB (Continuation After Breakout).
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MakhadoRomeo

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