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Short-term Trading Idea FX EUR/JPY – Bull Speculation: Renewal on a Pinbar

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Trading opportunities for currency pair: after a gap in the morning, a pinbar formed at 131.30. As part of a correction, a growth to 133.21 can be expected. This idea’s lifetime is just one short week and will become invalid if we see a closing of above 130.64. What’s of interest at the moment? At first sight, the EUR/JPY has a similar situation to that of the GBP/CAD. The EUR/JPY has seen a support at 131.50 form on it and the GBP/CAD has a 2.032 resistance. Between these two pairs there is

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