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EUR/JPY Immediate Risk Remains Lower Towards 128.60 Region

By FXTechstrategy TeamForexNov 09, 2018 09:39AM ET
www.investing.com/analysis/eurjpy-immediate-risk-remains-lower-towards-12860-region-200357530
EUR/JPY Immediate Risk Remains Lower Towards 128.60 Region
By FXTechstrategy Team   |  Nov 09, 2018 09:39AM ET
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EUR/JPY: immediate risk remains lower towards its key support located at 128.60 zone. Further down, support comes in at the 128.00 level where a break if seen will aim at the 127.50 level. A cut through here will turn focus to the 127.00 level and possibly lower towards the 126.50 level. On the upside, resistance resides at the 129.50 level. Further out, we envisage a possible move towards the 130.00 level. Further out, resistance resides at the 130.50 level with a turn above here aiming at the 131.00 level. On the whole, EURJPY continues to face further downside threats nearer term.


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EUR/JPY Immediate Risk Remains Lower Towards 128.60 Region
 

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EUR/JPY Immediate Risk Remains Lower Towards 128.60 Region

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