YGForex

EURJPY Remains In a BULLISH Trend

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FX:EURJPY   Euro / Iene Japonês
Focusing on our MA and EMA, we can see a nice rejection off these levels. This give us a confirmation that a BULLISH trend remains. There is no form of breakdown, giving us a potential movement to the 261.8%. Previously, price failed to test that level and I am expecting price to hit that level before further BULLISH continuation. We will be seeing great BEARISH pressure at the identified Supply Zone (identified in red).

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