EURJPY ANALYSIS

23 thg 1, 2020

This pair bounce from a strong resistance zone and the top of an ascending channel, making a triple top pattern. right now the price is reaching the bottom of mentioned channel,that is a bull zone. it is possible that price make an extension to the support zone below the line of the channel, that is converging with a .61 FIB level. Then we will wait to see some confirmations on a lower timeframe to tell us that the price is going to bounce and make a move to the top.
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