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EURJPY Reaches 133.00; Where to Next?
On April 10 I wrote about how I was keeping an eye on the EURJPY 133.00 handle. The level has served as a pivot since September of last year and was therefore likely to trigger a reaction if tested. That retest materialized about seven hours ago. As of now, we can see some selling pressure building which has the yen cross trading at 132.85. So what am I doing with this information? Nothing at the moment. Although 133.00 is likely to trigger a reaction, I don’t have enough feedback from the market to make a decision here. I’m still interested in getting short as I believe the February selloff was the start of a ... (full story)
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- Apr 19, 2018 11:34am Apr 19, 2018 11:34am
- dwe213
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- Sanguis
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- dwe213
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- Sanguis
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- dwe213
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