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  1. #1
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    Default EUR-JPY : ONLY Analysis with charts

    The EUR / JPY moves in a bearish channel on the short term, and an upward trend on the medium term.
    If the price breaks the 110.80 we can go long with an initial target 111.40 and 111.90.
    Otherwise, if the current rebound towards the support level 109.80 and 100 , 200 moving average on the chart of 1 hour we go short.


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  2. #2
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    Default

    The pair is currently trading in a down channel on 1H chart, the price tests the before bounces back to the 107.88 resistance level and 23.6 fibo.
    It is possible to sell if the price tests the level107.78/107.88 to target 106.75.
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