EURJPY Lacks Direction as Near-Term Outlook Turns Neutral Again

EURJPY has found a strong resistance level near the 23.6% Fibonacci retracement level of the up leg from 124.40 to 148.40 at 142.70 once again, which is also acting as an upper boundary of the short-term consolidation area. The pair penetrated the long-term symmetrical triangle to the upside in the previous couple of sessions, but it seems to be a false bullish sign […]

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