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Traders,
EURJPY is still inside an descending channel. It finished a strong bear candlestick last week. For this week we want to see more drop till it hit a position where red support line and FIBO 1.618 cross. That makes 450 pips to expect.
Less is more!
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Similar channel as GBPJPY. What make it difference is which pair could go with more pips to expect.