Hello everyone, A good opportunity has been detected on the EUR/JPY pair. After strong upward movement on the EUR/JPY stock, the price found resistance on a strong resistance point, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 121.10 price area, where we have a 50.0% Fibonacci retracement level, the 100 Moving Average, the 200 Moving Average, as well as the 20 Moving Average of the Bollinger Bands.
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