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EUR/JPY and GBP/JPY at Declining Channel Support

posted by Avatar FXTimes 359 days ago in EUR, JPY made popular 359 days ago

Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support, it may be prudent to apply quicker trade management (ie. move stop to lock in profit early)...
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