(129,30) The EUR/JPY is confirming our expectation and this morning we start the session below 129,50. The closing was weak last night below the previous day’s low supporting lower levels. At the present level we are also below the neck line of a potential S_H_S formation in the daily chart supporting lower levels. We suggest however to wait for confirmations because in the last time too many breaks have been aborted!!
Read the full report: EURJPY 08.07
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