EURJPY is breaking below the uptrend lineÂ
EURJPY is breaking below the short-term uptrend line 129. A break above this 129.10 is now needed to invalidate downside reversal and for a continuation upside. This break below the uptrend line if sustained could lead to a test of 127. This will not substantially change the uptrend. A complete reversal will happen on a break below 127.
Note – Look for the short trades with the stop loss above 129
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