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EURJPY: What happens next?

Long
Euro / Japanese Yen (OANDA:EURJPY)  
Sphyn-Trader  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis EURJPY eurjpylong eurjpysignal eurjpytrade eurjpyanalysis eurjpyforecast eurjpyprediction eurjpyidea eurjpysetup
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EUR/JPY’s break of 158.03 resistance last week confirmed up trend resumption. But as a temporary top was formed at 159.20, initial bias is turned neutral this week for some consolidations first. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next.
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