DeGRAM

DeGRAM | EURJPY breakdown of resistance

Long
FX:EURJPY   Euro / Japanischer Yen
The currency pair continues to move within the channel,
as we see additional support and resistance levels have formed in it,
simultaneously narrowing the range of price movement, but at the same time increasing the rate of its growth.
At the end of last week, the tool broke through the strong resistance at 133.11 and closed higher.
I expect consolidation at this level with further growth to the level of 137.5


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