a look at the EURJPY pair that has been trading in a ascending channel we saw a fake out of this structure but the structure held as we saw a break above 38.2% Fibonacci level so the bulls kept control of the market. the pair has just been trading in a bullish pennant which so a breakout and a retest of the structure signalling continuation to the upside so will be looking for continuation on the pair and the ascending channel to hold lets see how it goes on a swing trade....
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