Hello Price Action Traders.
The Eur/Jpy pair did a false break of 130.00 area and today the market has closed the daily session just below 131.00 confirming the false bearish break. In this case it could be interesting to use as a trading signal this “lie” of the price and look to buy strenght on the 131.50 break. The highest posted on 133.80 is the resistance level.
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