EURJPY has been in a nice bear trend since the turn off last year and is now approaching some key fib areas in the form of a correction.
Looking at price, the 50% and 38.2% represent key fib levels if price is correcting , presuming this is an uptrend or bullish trend. I expect some support at this key levels and would suggest that watching price close above these levels would give a good indication for a buy signal.
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