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EURJPY Forex Analysis June 23 - 30

FX:EURJPY   Euro / Japanese Yen
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On D1, after the strong bullish run until the month of May, the market went on sideways which is a typical behavior.

After the false break last June 15 which also formed a bullish engulfing , the market has steadily climb and is continuing to climb since last Friday.

With all the risk events for EUR this week, there is a possibility that the market will go out of the sideways movement either on the upper or lower range.

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