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Thread: Euro/yen

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    Default Euro/yen

    Euro/yen
    Last week's range: 162.96 164.29 (Up)
    Previous range: 162.20 164.00 (Mixed)
    The euro/yen nailed yet a new lifetime high (or the highest level in nearly 15 years) and the medium term outlook remains favored for the overbought cross.
    Initial resistance is now seen at 164.45. Above 164.80, there is resistance at 165.35. Distant resistance still looms at 166.95.
    Immediate support is now seen at 163.55. Below 163.05 there is support at 162.20. Only a close below the pivotal level at 161.10 would signal a significant decline.
    NEAR-TERM: Mixed to slightly bullish
    MEDIUM-TERM: Bullish
    LONG-TERM: Bullish

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    it realy to UP ? hurry , or it up becouse central bank eropa ? r other?baby

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    Default

    165.25. Market should hold major support at 163.61 before rising towards 165.98 or even 166.72 limit

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    قام زوج اليورو/الين بحركة تصحيحية و لكنها تشكل المستوى الثاني بمقياس فيبوناتشي، واصلا في الإتجاه السفلي حتى مستوى 164.20، و يبدو أن الزوج يتخذ مسارا جديدا للأعلى مجددا، طالما بقي المستوى 164.20 ثلبتا.

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    EUR-JPY
    165.67. It should trade lower to 164.80. Resistances are at 165.60 and 165.82. A break of 166.03 is bullish.confirmed by a close above 165.89 limit

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    EUR-JPY
    166.73. Uptrend is still intact in a triangle configuration. It should continue to rally to 167.36 or 167.84 if support around 166.38 hold. After which a pullback to 166.38 - 166.10 zone is possible.

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    Default EUR/JPY today

    Price: 166.53

    Resistance: 166.92 ... 167.37 ... 167.57 ... 167.86

    Support: 166.40 ... 166.15 ... 165.90 ... 165.57

    2nd July

    We now have the risk of a flat correction with a target back at 164.22. Otherwise we are seeing a final wave higher with targets at 167.86 and 168.52.
    Buy limit 166.20 Tp 167.00 SL 165.90

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