EUR/JPY Breaks Down Consolidation

Consolidation: The 4H EUR/JPY chart shows a market that has been consolidation. The left side had increasing volatility, while the right side was somewhat of a triangle (congestion). It was holding above the the 200-4H hour SMA forming a near-term consolidation support. The 6/3 US session pushed EUR…

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EUR/JPY Breaks Down Consolidation

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