EUR/JPY’s fall from 166.67 continued last week after interim recovery. The break of 55 D EMA (now at 163.41) argues that corrective rebound from 154.40 has completed with three waves up to 166.67. That came after rejection by 61.8% retracement of 175.41 to 154.40 at 167.38. Initial bias is now on the downside this week […]
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