EURJPY – resistance line broken at 2024-08-20T07:15:00.000Z

EURJPY has broken through a line of 162.8590 and suggests a possible movement to 163.9254 within the next 8 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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