Euro / Iene Japonês

EURJPY H4, inside of a range...

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EURJPY is currently within a 4H range. Price recently formed a double top at this resistance zone and it's possible that price can drop to the support zone to create a double bottom. If this happens and a reversal pattern forms, wait for the pattern to fully form and enter after the breakout. However, if price breaks through either zone, wait for a retest before entering a trade in the direction that price is going in.

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