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EURJPY: Vulnerable While 133.14/43 Caps Upside Pressure

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURJPY: The cross saw a decline on Tuesday and was seen following through lower during Wednesday trading session today. This leaves more risk lower while it trades below its key resistance zone at the 133.14/43. Support comes in at the 132.00 level where a break will aim at the 131.50 level. Further down, a turn below here will shift attention to the 131.50 level with a breach will turn focus to the 131.00 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely,

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