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FXMHDH
Aug 29, 2020 6:20 PM

EURJPY A Great Buying Opportunity Long

Euro Fx/Japanese YenFXCM

Description

Trade Proposal:
There is a probability of first tp to the proposed ( 126.045 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.

Technical analysis:
EURJPY Waiting for the Range Bound and the beginning of the Ascension Trend.

TP1= 126.045
TP2= 126.708
Comments
khuhadebe
Failure to break the TP level might see a formation of a Head and Shoulder pattern resulting in more selling pressure. otherwise good analysis.
Saeed966
Very nice analysis
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