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EURJPY - Sees Bull Pressure But With Caution

Discussion in 'Technical Analysis' started by Kaitlin, Feb 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EURJPY Having rallied strongly the past week, we envisage further strength to occur. However, with almost a half of that rally taken back, a correction could be developing ahead of its medium term falling trendline (red). Support comes in at the 131.00 level where a break will aim at[​IMG]

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