"The EUR/JPY pair has a weak sell position after reaching a strong sell level. Currently, we're at a point where buyers are emerging, but we'll wait for a breakout to confirm a buy trade. Today's inflation rate news may increase the chances of a trend reversal."
It's all about my thinking. What you think about EUR/JPY, write in comment section.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.