Past performance is not an indicator of future results.
EURJPY is moving towards a line of 124.5800 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURJPY continues in its current trajectory, we can expect it to reach 124.5800 within the next 15 hours.
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