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EURJPY: Upside Opportunity

EURJPY, Daily

In the Daily timeframe, EURJPY broke the trend line after a short-term decline and is consolidating at an important resistance. On the Alligator, the lips crossed the jaw, indicating the possibility of further upside.

  • We can consider buying EURJPY on consolidation above 163.500 with a target to 166.500;

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