EURJPY has traded into support prior to the French Trade Balance data, which shows the difference between imports and exports. Technically price is at channel support, trading in a bull flag pattern. Structure also supports price above 130.470. We anticipate a bounce into previous support turned resistance.
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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.