Interesting shorting scenario for EURJPY (4R)

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On a weekly EURJPY is moving inside this descending channel, currently rejecting its upper border.
On H4 market broke consolidation area and now is retesting it.
This level was playing a big role in the past, as seen from the weekly chart.
This is round level of 125.00
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Breakeven
breakandretestEURJPYeurjpyshortMultiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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