EURJPY – Finally broke the range, heading down
The EURJPY traded for a while in between 117.73 and 113.78, but earlier this morning it broke through the lower extreme of the range triggering a bearish market condition:
The EURJPY is likely to continue its way down until it reaches the next LT support level around 111.49.
My trading plan: as long as it trades below 111.60 I’ll continue to look for short opportunities.
Tags: EURJPY Analysis
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