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EUR/JPY Trading Near Short-term Trendline

posted by Avatar FXTimes 348 days ago in EUR, JPY, Technical

The EUR/JPY has been in a corrective rally since the start of June. The 4H chart shows a correction that is held just under 101.00. This time-frame also shows a bearish divergence as the higher price high is matched with a lower RSI high. Now it will be important to see if this bearish divergence will be followed through with a break below...
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