Hello all - DuncanForex here with another trade idea
With a weekend retrace and weakening Yen (driven higher against USD)
EURJPY printed a major bullish engulfing candle at 11am this morning on the 1 hour chart.
After a retrace and some sideways movement, it has now broken higher and outside of the downward trend line.
I'm Long at 119.05
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Thanks for looking at my idea
Safe Trading
Duncan