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EURJPY Outlook 7-11 March, 2016 | March 6, 2016



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Eurjpy has started bullish rally again. This pair has broken its previous resistance line. It is staying above the trend line. So we need to follow the new trend on this pair.

124.50 level can be buy level for this pair. We can look for buy from this level and stop loss will be 40-50 pips, target 100-120 pips

124 level can be another buy zone for this pair. On these buy zones, we will wait for little price action candle for taking buy entry with targeting 100-150 pips.


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