barisuka

Is 200 pips all you need this week?

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FX:EURJPY   欧元/日元
We see a channel breakout and a bearish engulfing candle. We also see a retest and rejection from the resistance level. Lastly, we see a similar pattern and how the market went down in the circled area.

All these indicate that the price will continue to go down to the demand level giving us at least 200 pips on this pair.

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