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Eurjpysell

EURJPY Market Outlook | Daily Forex Market BreakdownEURJPY Looking very VERY good. EJ retesting resistance now. Patience will be very key. Definitely at the top of our watch list. I would like to see a nice push to the downside followed by a retracement giving us a clean opportunity for for a short. Like mentioned patience will be absolutely key. We could take a short now but that would be gambling, we don’t need the mindset of a gambler we are developing your mindset as traders. As true forex alchemists. We need to remain diligent and wait for the market to present the highest quality entries for us.
by Layne_LV
2
EURJPY potential reversal! EURJPY expected to rise up to 1st resistance at 123.153 where it could potentially react off and drop down to 1st support at 121.060. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone