Hello Price Action Traders.
Eur/Jpy has formed today a typical configuration of my trading method.
During the intraday session price went to test the resistance level at 132.00 area and then down and close under 131.50.
The bearish break-out of the today’s low might be a good trigger to make a short trade on the pair.
The main price target for the trade is at 127.00, the closer support level at this time.
It’s all for today
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