EUR_JPY PULLBACK LOCAL LONG|

18 בדצמ׳ 2020

The pair is trading below the strong daily resistance
However, we just saw a confirmed breakout of the consolidation resistance
And a nice pullback to retest this area as a support
Even though, the daily resistance area isn't broken yet
And this might as well be a fakeout
A long from the support makes sense
As EUR_JPY is in a local Uptrend+breakout
Good Risk-Reward, don't risk more than 0.5% of deposit
Long from support!
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