EUR/JPY price entering into a heavy resistance zone at the moment that could just cap this corrective trend and keep consolidating the price or alternatively pick up some sellers and accelerate with the overriding trend down as we have seen four times previously. I will be looking to trade the high probability trade for me which would be the sell off rather than the breakout to new highs, at least for the moment. Obviously a very similar set up to the GBP/JPY .
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