Currently, EUR/JPY is trading at 119.81. The pair is trading in an up trend from 18th May after breaking resistance level at 116.12. Altough, the pair has already touched its first target and second target. It may start a new down trend if it breaks the support level at 119.44.
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Rishikesh Lilawat
Do follow us for future Forex trend analysis.
Thank you,
Rishikesh Lilawat