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Euro / Japanese Yen
Short
Jul 7, 2023
EURJPY: Breakout & Bearish Continuation 🇪🇺🇯🇵
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https://www.tradingview.com/x/CygPH05l/
EURJPY broke and closed below a solid horizontal demand zone on 4H.
The broken structure turned into resistance.
Retesting that, the price formed a double top pattern on an hourly time frame.
Its neckline is now broken.
I expect a bearish move to 156.0 / 155.6 levels.
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Double Top or Bottom
EUR
EURJPY
euro
forecast
japaneseyen
jpy
Multiple Time Frame Analysis
signal
Supply and Demand
yen
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