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EURJPY analysis 07.07.2020

EURJPY

The resistance level of 122.00 held back the bulls. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an overbought situation. A breakout of the 121.25 will result in the formation of a 1-2-3 descending pattern.

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

Trading recommendations:

Sell below 121.25.

Stop Loss: 122.00.

Target levels: 120.24; 119.33.

Author: admin
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