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EURJPY Weekly Technical Analysis 1-5 February, 2016 | January 30, 2016



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Eurjpy has started bullish rally after breaking downward trend line as we expected last week analysis. This pair is now on strong bullish mode. Now this pair is testing 131 level which can be buy level for eurjpy. On next week, if we find any bullish sign on this pair, then we should go buy on this pair. Stop loss will be below this buy zone. Target will be 132 level and then 133 area.


129.60 level can be another buy level for this pair. So if we find this pair on that level, then this pair can go buy again with targeting 131 level and stop loss can be 50-60 pips.


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