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EUR/JPY – Waiting for Consolidation Breakout

posted by Avatar FXTimes 340 days ago in EUR, JPY, Technical made popular 340 days ago

EUR/JPY has been in a correction in June, against a decline that started in March, consolidated in April, and accelerated through end of April and May. The daily chart shows June’s consolidation/correction now testing a declining trendline. As we look closer at the 4H chart, we see that the market has been in a sideways consolidation since...
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