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Malika_Analysis

LONG ON EURJPY AFTER PULLBACK TO 117.538

Long
Euro / Japanese Yen (FX:EURJPY)  
Malika_Analysis Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis EURJPY eurjpyshort eurjpylong eurjpysignal eurjpytrade eurjpyforecast eurjpyanalysis
5
4
trendanalysis indicator waveanalysis eurjpy eurjpyshort eurjpylong eurjpysignal eurjpytrade eurjpyforecast eurjpyanalysis
Price is currently at a point of resistance where we could potentially see price retrace before going long again. The entry has been marked at the 50% Fibonacci retracement level. Stop loss has been marked at 116.027 and our target has been marked at 120.837.

Risk to reward 1:2
Equity risked - 1%

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