EUR/JPY: trend is short, break below the diagonal support- flag with decline potential

EUR/JPY: trend is short, mid-term movement is long but it’s forming flag formation with a potential for decline after break of the diagonal support. Now we wait

Until price is under the diagonal resistance- short-term movement is short

Now we have no grounds for buys. Sell after the diagonal support- stop at 50 pips

 Varchev Traders

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