EURJPY remains bearish as pair retests demand zone
Aside from the downwards trend-line, this pair has been playing off of a key demand zone that was recently broken in November, 2015. Aside from a bit of fundamental news, it was unsustained and so the outlook remains bearish. Currently, this trade is setup with a trailing stop loss despite given the previous recent low sat in mid-April at the 126~ price level.
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