The European session last Thursday appeared a strong bearish candle and broke the short-term uptrend channel. Early in the morning of the Asian session at the beginning of the week, there was a retracement to test the 156,600 area and there was a pullout candle that closed at 9am.
The main trend is still up, so this drop is a correction.
Signal: Sell EURJPY 156.60/SL 157.100, TP1 156,100, TP2 155.00
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