EUR/JPY Rises to 173 61: Favorable Outbreak Looms Above Secret Resistance

EURJPY trades greater on a strong Euro. It hits an intraday high of 173 61 and is currently trading at roughly 173 28 Intraday overview stays bullish as long as assistance 172 45 holds.

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Technical Evaluation:

The EUR/JPY set is trading above 55 EMA, over 200, and 365 -H EMA on the 1 -hour chart.

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Generally, the indicators suggest a blended trend

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Trading Recommendation:

It is good to purchase on dips around 172 75 – 80 with a quit loss at 171 80 for a TP of 175

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