EurJpy on the monthly level is beginning a new trend because of this we should see EurJpy buy for the whole beginning of next year. Next week we will see the beginning of the week begin with a sell for a pullback on higher time frames but then we will end the week and month to the upside as the monthly candle closure will likely be above the most recent high.
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EurJpy gave us the reaction off the daily level (red line) we were looking for now we hope to see it continue to drop next week to give us a buy entry later on at the beginning of 2021