EUR/JPY – Monitoring a Flag Pattern Development

Flag: The Euro started the week extending strength against the beleaguered Japanese Yen, but found some short-term resistance so far at 120.11. The EUR/JPY market reacted with a fall to 119.00 by the 1/14 US session. This decline has developed a flag pattern seen clearly in the 15-min chart. I want…

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EUR/JPY – Monitoring a Flag Pattern Development

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