EUR/JPY Analysis :
After EUR/JPY breakout from the range in daily chart, market Re-tested the breakout level and went up more as per our Breakout strategy.
Market was standing at the top level 124.00 and making a ranging movement on H4 chart.
We told our members to wait for the confirmation of breakout from the range to make good profits on EUR/JPY.
As per our technical analysis, Market Breakout the top level very soon and went up more.
Education Notes :
Why Re-testing the Breakout Level is more important ?
If market Re-test the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level.
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