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Euro / Japanese Yen

EURJPY Short/Long Opportunity

By GGfx
Look for EURJPY to retest the green structure level on the retracement from the new structure high. The green line is a structure level, and is also the .618 retracement line of the recent upswing. The trend could then bounce off of this line up to the next structure level. Look for bullish evidence around the green line to catch the upswing and formation of a new structure high. The Long opportunity has better R/R.
GGfx

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