EURJPY: Not Yet Yen!!

EURJPY

Intraday - We look to Buy at 140.75 (stop at 139.60)

Selling pressure from 142.79 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips.

Our profit targets will be 144.10 and 145.00

Resistance: 145.00 / 147.30 / 150.00
Support: 138.60 / 135.55 / 133.15

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Chart PatternsdipbuyingEURJPYeurjpyanalysiseurjpylongeurjpysignaleurjpytradeeuroTechnical IndicatorsTrend Analysisyenweak

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