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EURJPY Bulls On The Offensive On Recovery

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURJPY - With EURJPY bulls on the offensive on recovery, further price strength should build up towards the 130.75/99 zone. This corrective recovery is coming on the back of its recent weakness. Support comes in at the 129.50 level where a break will aim at the 129.00 level. A turn below here will target the 128.50 level with a breach turning focus to the 128.00 level. Its daily RSI has turned higher supporting this view. Conversely, resistance lies at the 131.00 level. Further out, resistance

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