EURJPY Breakout of Channel Pattern

May 21, 2020

EURJPY has given a breakout from channel pattern. if it move upward from current level we might see price move toward the resistance line. one can take long trade from current level by keeping stop loss just below resistance line of channel pattern. but if it failed to move upward and price pullback in channel pattern, we may see further downside and it will trade in channel pattern for further more time.

Note - Trade With Proper Risk Management System

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