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ConsciousFX
Jun 22, 2020 6:55 AM

EUR/JPY Reversal this week TP:123.966 Long

Euro Fx/Japanese YenFXCM

Description

Very similar to our GBP/JPY analysis (Ironically on the charts even the candles are identical).. Again on Friday before close of markets we saw that last squeeze to the downside and a recovery early market open. I am expecting price to break the Descending-Wedge structure, a reversal structure within the next 48 hours.
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