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EURJPY trading up and down over the last 5 – 6 weeks. What is needed to get out of range?

The EURJPY is trading in and up and down range over the last 5 – 6 weeks with most of the activity between 156.86 and 159.48. There have been a few wonders above and below that area, but those breaks were brief and did not gather much momentum.In trading today, the price has rebounded higher and in doing so, the price has extended up toward its 200 or moving out on the 4 hour chart at 157.948. Just above that is the 100 bar moving average at 158.02.Sellers have leaned against those moving averag...
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Posted: Sep 15 2023, 17:02
Author Name: forexlive
Views: 091132