EUR-JPY is now trading in a downtrend
After it broke out of the rising channel
However, the pair is now retesting a daily support level
And as you can see the previous retest ended up with a fakeout
And the daily candle closed above the level
Todays daily candle closed above that level too
And the new candle opened above the support
Thus, I am expecting a local pullback from the level
To retest the falling resistance
Buy!
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