EUR/JPY Technical Analysis comments :
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Sentiment : 110 109 |
The pair EUR/JPY has validated yesterday a return below 110 and also the breakout of its medium term bullish slant (purple line).
The pair just found support on 109 and is trying to rebound.
Indicators are mitigated.
We stay neutral on the pair between 109 and 110.
We advise to wait an exit of this range to take position:
- Long above 110. The breakout of 110.50 and 111 will both give a new buy signal
- Short below 109. The breakout of 108.50 and 108 will both give a new sell signal.
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