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EURJPY: Wave Analysis & Trading Plan

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OANDA:EURJPY   欧元/日元

last week EURJPY broke below a bearish flag formation.
it looks like today we gonna see the retest of the broken support.
with a very high probability, the market will drop afterward.

for confirmation, follow a minor rising channel on 1H.
its breakout will confirm the start of a bearish wave and we can initialize short.

initial target will be 120.55


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