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![godbole17 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2278747880.png) Omkar Godbole, MMS Finance, CMT [@godbole17](/creator/twitter/godbole17) on x 15K followers
Created: 2025-07-21 15:34:27 UTC

$Dollar's sell-off has likely resumed following Japan's Upper House election that saw the ruling coalition lose, leading to a pop in yen ($JPY). 

$EURUSD seems headed for 1.19, having trapped bears with fake breakdowns last week. 

It dipped below both the rising channel and the interim pullback channel only to bounce back quickly. Now we have broken out of the interim pullback channel. 

In essence, the selling pressure has been successfuly absorbed and buyers have retaken control. 

For bears, XXXXXX is the level to beat.

![](https://pbs.twimg.com/media/GwZEZiRbsAEvEN9.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947319267059454402/c:line.svg)

**Related Topics**
[japanese yen](/topic/japanese-yen)
[headed](/topic/headed)
[$eurusd](/topic/$eurusd)
[$jpy](/topic/$jpy)
[$dollars](/topic/$dollars)
[finance](/topic/finance)

[Post Link](https://x.com/godbole17/status/1947319267059454402)