Euro to Japanese yen cross (H4) moves in the downward trend. It is worth paying attention how often a correction to the resistance zone (which previously acted as a support) pattern repeats. It is so-called retest. Usually we had two or three contacts with resistance and then price goes one floor down.

However, in our case each test caused at least slight declines. Currently, we can consider continuation of the decreases or wait for a next resistance approach, which should coincide with the trend line challenge.

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