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EURJPY: Long Position Confirmation

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EURJPY: Long Position Confirmation


In EURJPY daily time frame chart, an uptrend is ongoing.  Market is recently tested the major structural support of 137.500. #OPINIONLEADER#

A Bullish Engulfing candlestick is shown after testing structural support.  Bullish engulfing candlestick shows the entry of buyers in the market. Market is expected to remain Bullish for resistance levels of 143.000 and 148.000.

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