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EUR/JPY Attempts Reversal

Started by PocketOption, Mar 14, 2022, 12:24 pm

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PocketOption

Mar 14, 2022, 12:24 pm
EUR/JPY Attempts Reversal

The euro continues upward after the ECB left the door open to an interest rate hike. A pop above 128.60 has prompted sellers to reconsider their bets. However, traders can expect strong bearish pressure in the supply zone around 129.20. This level overlays with the 20-day moving average, making it a congestion area. An overbought […]


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