Since the beginning of December, EURJPY has entered a sideways movement and is moving in the range of 100 pips. A few days ago we saw a break, but very quickly the price came back.
The direction will become clear only after a definite break and test, but for those who are looking for an earlier entry and a much better risk-return ratio, the entry may be soon.
We are watching for a false break of the support, which will allow us to enter in order to: 127.18 127.66 128.10
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