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DariusAnucauskas
Nov 20, 2017 9:08 PM

EURJPY - Daily - It doesn't like that bottom line. Long

EURO / JAPANESE YENICE

Description

How many times is it planning to test that bottom?

It clearly is not a fan of selling off. This ranging market can be seen a bit annoying, because there is no clear understanding, where does it want to go.

Currently looking for a re-test of 133 level and then maybe higher. That's why I will be a BUYer for now.
If this pair somehow will manage to get below 131, then it opens the route for even lower targets like 129 and we are lucky - the 200 MA.

Stay sharp an keep an eye on the price action

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