This is EURJPY - Daily chart: Price reversed from a resistance level and it made a bearish engulfing candle after showing Divergence on the MACD,
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Price has the potential to drop towards the ascending trend line and even lower if it broke it,
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We will be waiting for a 1hour bearish "Flag/Wedge/Triangle" to confirm the down move... Thanks for reading…
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💭What do you think is next for the #eurjpy ?
Legolas
