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EURJPY: Below 134.79 Leaves Risk Towards Key Support

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURJPY: Sold off on price failure cutting through its key support 134.79 level on Thursday. This development now leaves it targeting further weakness towards the 133.50 level. As long as it can trade and hold below its support at 134.79 level, more weakness is likely. But, beware of the 133.43/14 zone as it must be taken out for further weakness to occur. A turn below here will aim at 132.50 level with a break turning attention to the 132.00 level. Below here if seen will expose the 131.50

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