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Thursday, July 27, 2017

EURJPY neutral after uptrend; maintains bullish bias above 130

EURJPY is neutral on the 4-hour chart and has been consolidating around the key psychological level at 130.00. After hitting a more-than one-year high of 130.76 on July 11, there was a slight pullback in prices since the market reached overbought conditions, as was indicated by the RSI rising to 70....

EURJPY neutral after uptrend; maintains bullish bias above 130

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