EUR/JPY’s rise from 154.77 extended higher last week and met 100% projection of 154.77 to 164.16 from 161.06 at 170.45 already. Initial bias stays on the upside this week. Sustained trading above 170.45 will target 138.2% projection at 174.03. On the downside, however, break of 168.44 support will indicate short term topping, and turn bias […]
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