"Level To Watch: #EURJPY SMA(200) and Resistance Zone Reached" by trader MisterTrader — published May 04, 2015

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Euro / Japanese Yen (FX:EURJPY)

FX:EURJPY Euro / Japanese Yen

EURJPY Forex

eurjpy forex

Price failed to break SMA (200) and is now at a resistance zone after a strong bullish rally.
Bullish momentum is still strong, waiting for more rejection before entering a SHORT.

Cheers,
MT

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