Either a rebound or a breakout imminent on EURJPY

Past performance is not an indicator of future results.
EURJPY is heading towards the support line of a Rectangle. If this movement continues, we expect the price of EURJPY to test 125.1600 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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