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theforexportal
Apr 15, 2017 2:30 PM

EURJPY likely to continue is southerly direction Short

Euro Fx/Japanese YenFXCM

Description

There's little to stop EURJPY continuing its direction south and there's little support before 113.69.
Oversold conditions on H1 make a SHORT trade from these levels risky so it may be prudent to wait for the price to ease before shorting.
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