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EURJPY analysis 09.06.2020

09.06.2020

Market Review

EURJPY
The currency pair is trading in the range of the round important level 122.00, near the 365 moving average. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy when the M30 candle closes above the round secondary level of 122.20.

Stop loss under the round secondary level of 121.80.

Target levels: 122.50; 123.20; 124.20.

The EURJPY rate online: monitor the movement of the pair in real time.

Author: admin
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