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Euro / Japanese Yen
Short

EUR/JPY -- 01/08/2020

185
After some incredible bullish pressure over the last few days due to the current economic issues in JPY and the rest of the world EURJPY & EURUSD have seen a lot of gains because of weakness in the dollar & yen but after thursday and friday's news releases showing the current downfall in EUR and the affect of second waves from the virus in countries like Germany & Spain could see a sharp decrease in the EUR as we go forwards into next week, That being said the JPY pairs are still quite weak due to the same issues but with a lot of tech companies like Ali Baba currently thriving for Tokyos market and with Hong Kong possibly starting to relax a bit more we could see a strength gain for JPY to help us reach our target.
OfficialKieranTrewick
Beyond Technical AnalysisChart PatternsEUREURJPYEURUSDshortTrend Analysis

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Beyond Technical AnalysisChart PatternsEUREURJPYEURUSDshortTrend Analysis
OfficialKieranTrewick

Disclaimer

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.