EURJPY broke its downtrend on the 4hr chart at the end of last week with a strong bullish movement. Expecting retracement to the 0.5 - 0.618 Fib level which lines up nicely with a demand zone, before going long. Aiming for the next key level at 129.870.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.