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Wednesday, September 20, 2017

EURJPY is neutral but broader bullish technical picture intact

EURJPY has turned neutral in the short-term after the rally to 134.16 stalled. This was the highest level since December 2015. The momentum oscillators on the 4-hour chart are flat and are pointing to range trading for now in the upper 133.00 handle. Meanwhile, the RSI reached 70 which is indicative...

EURJPY is neutral but broader bullish technical picture intact

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