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Friday, June 30, 2017

EUR/JPY: Long Position Opportunity

There is an opportunity to open a long position on EUR/JPY. 

Technically, EUR/JPY will try to move inside the yellow as seen in the following picture. Today I'm expecting to exit the market at below 128.171. 

127.105 most likely will be the Support Level for today that will try to hold the pair from moving down any deeper. 

However, shall EUR/JPY moves below 127.518, I might exit the market sooner than expected.