mulchandanimahir82

EURJPY short/long.

Short
FX:EURJPY   Euro / Japanese Yen
EURJPY is in an uptrend which may bring in many buyers at the retracement zone when it creates higher low. However, when the support breaks, it may be a potential chance for a sell as there is a clear traffic on the left which may be reflected on the right too causing a mirror image. However if the price breaks above the resistance, there will be a potential entry for a buy.
PS- all entries are taken on the 15 mins candle close.

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