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AngelaFTrading

EURJPY - Buy the breakout of the consolidation

Long
Euro / Japanese Yen (FX:EURJPY)  
AngelaFTrading  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
EURJPY currently in a consolidation. Buy the breakout and aim for 122.65. SL at 121.30

There is a hidden continuation divergence. Price makes a higher low while momentum indicator shows a lower low. Price is also at a support area as shown in the yellow rectangle.

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