EURJPY Buy, AB=CD break of channel

Support at Pivot holds, likely the up move from (5) means we'll get a break of the channel. AB=CD suggest a TP around R2 price level. Be aware of resistance levels in between, nothing is 100%

Good weekend!

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Looking for shorts here towards R1 monthly

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Reversals also forming on other JPY pairs; CADJPY, GBPJPY and USDJPY.