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EURJPY: Important Breakout (forecast)



Hey traders,


New higher high higher close on a daily chart on EURJPY.


After a quite long bullish accumulation, the price managed to break 127.5 major resistance.

Now a local rising trend line and a broken horizontal level give us a demand zone .

It can give us a nice spot to catch a bullish continuation after retest.


Next strong resistance is 129.0


Good luck!

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