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Euro / Japanese Yen
Long

EURJPY: Time for Pullback 🇪🇺🇯🇵

302
snapshot

EURJPY looks too oversold after the yesterday's bearish movement.
Testing a key daily horizontal support, we see a clear intraday
bullish reversal.

The price formed a cup & handle pattern on an hourly time frame
and successfully violated its neckline.

We can anticipate a pullback at least to 157.9

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Cup And HandleForexforexsignalsMultiple Time Frame AnalysispriceactionpriceactionsignalspriceactiontradingSupport and ResistanceTechnical Analysis
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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.