bluepipsforexsignals

EURJPY pointing to advanced stage 2; 'Bullish in the mid term'

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OANDA:EURJPY   Euro / Iene Japonês
I have employed Stan Weinstein stage analysis for EURJPY on weekly chart, and i have observed the potential for the pair to head upward.

- The chart is currently crossing 30 weeks moving average
- The volume has improved recently
- The relative strength has also improved.

i therefore biased for strength in EUR against JPY in the medium term

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