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Tradeplicity
Dec 29, 2015 9:40 PM

Possible EURJPY weakness on the heals of ECB Short

Euro Fx/Japanese YenFXCM

Description

With possibility of further easing from the ECB and the BOJ staying put, we might see more EURJPY weakness in 2016. The current target is our first target with more possible weakness if it breaks the 130.00 area support.

Comment

Our Target is hit and some. A nice 1:3 risk reward trade and more if you let it run.
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