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peterbokma

EURJPY-BUY strategy 4-hourly

Long
Euro / Japanese Yen (FX:EURJPY)  
peterbokma  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
We may move little lower near 163.00 before we will move higher again. The stochastic is low, but still may have some further to go, and the GANN support only lies around 162.67, which will attract likely the sellers.

Strategy BUY @ 163.07-163.40 and p;ace SL below 162.47 for now. Profit order place it near 164.97.
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