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FXCM
Apr 8, 2020 1:50 AM

EURJPY Daily Analysis | 8 April 2020 Short

Euro Fx/Japanese YenFXCM

Description

Price is facing bearish pressure from our first resistance and we remain bearish below this level and could see a further drop to our take profit level. Here's the analysis on EUR/JPY.

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Comments
Dave-FX-Hunter
Thanks for your idea, check my profile

FXCM
@DaweFXHunter, great work there! thanks for this
transparent-fx
I broke it down as well, my mta
FXCM
@transparent-fx, great work there! looks like there could be a descending line as well
ofa
its very difficult to see the video, can u briefly write your idea here?
FXCM
@ofa, sorry for that, price is reaching our resisatance at 118.97 and we remain bearish below this level and could see a further drop to our take profit level at 117.70.
DanielLubbe
Video poor quality Can you please give me the price for 1st resistance and take profit Thanks I appreciate
FXCM
@DanielLubbe, sorry for that, the first resistance is 118.97 and the take profit level is 117.70
DanielLubbe
@FXCM, Thanks may I suggest in future just to put the entry and profit below the video in case it happens again.Good luck Keep well
FXCM
@DanielLubbe, sure thing, thanks for the suggestion will keep that in mind!
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