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  1. FXTechstrategy
  2. Currency (Forex) Trading
  3. Monday, 12 February 2018
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EURJPY: The pair closed higher on price halt on Friday opening the door for more strength. On the downside, support comes in at the 133.00 level where a break if seen will aim at the 132.50 level. A cut through here will turn focus to the 132.00 level and possibly lower towards the 131.50 level. On the upside, resistance resides at the 133.50 level. Further out, we envisage a possible move towards the 134.00 level. Further out, resistance resides at the 134.50 level with a turn above here aiming at the 135.00 level. On the whole, EURJPY faces further bear threats.

http://www.fxtechstrategy.com/wp-content/uploads/2018/02/EURJPYDaily.png
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