EURJPY has been ranging in an ascending channel since December 1st 2020 and price eventually broke out of the channel to the downside, with enough momentum to break through a significant price level, which, turns out to be a daily support level. EURJPY is testing a current support zone, yet to make price rejections.
Entry Point: 125.000
SL: 124.500
TP: 126.000

N.B. Analysis is subjective. Individual analysis adviced.
Chart PatternsTrend Analysis

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