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EURJPY pointing to advanced stage 2; 'Bullish in the mid term'
Euro / Japanese Yen
Long
EURJPY pointing to advanced stage 2; 'Bullish in the mid term'
By bluepipsforexsignals
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Jun 1, 2020
4
Jun 1, 2020
I have employed Stan Weinstein stage analysis for EURJPY on weekly chart, and i have observed the potential for the pair to head upward.
- The chart is currently crossing 30 weeks moving average
- The volume has improved recently
- The relative strength has also improved.
i therefore biased for strength in EUR against JPY in the medium term
Bullish Patterns
Chart Patterns
euro
stageanalysis
Trend Analysis
Wave Analysis
bluepipsforexsignals
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