EUR/JPY 4H Chart Analysis

-EUR/JPY broke it's ascending channel and has also already broken the 120.85-121.40 area which was acting as support;
-Price has touched 3 times the upper channel line and 3 times the lower channel line;
-Although RSI is oversold on the 4H chart, there's a big chance this is moving to the downside;
-Look for entries on a retest and remember this is a volatile market so don't forget to set up stop-losses;






This is not financial advice.