FX:EURJPY   Euro / Japanese Yen
EURJPY is in a current downtrend and the 0.618 retracement level is at 129.0 level. If EURJPY continues in this current trend we can expect another 128 support test. If we do manage to close above this downtrend and break it we can expect some reversal and with 2 possible TP’s. If we respect the downtrend we can expect a move to 128 and possibly 127 as our 2 TP’s.
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