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Tuesday, August 31, 2021

EURJPY bearish consolidation

EURJPY bearish consolidation

EURO / JAPANESE YEN FX_IDC:EURJPY

After touching the upper trend line , we have the withdrawal of EURJPY from 134,200 to the current 129,870. We can now form one smaller channel, and we see that EURJPY has bounced off the lower support line, and a break below that support line would open the door to zone 122.00-125.00



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