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Wednesday, October 11, 2017

EURJPY lacks direction; maintains range but near-term risk tilted to upside

EURJPY maintains a neutral short-term bias and has been trading in a range late September. The consolidation phase is expected to continue due to the lack of clear direction in the market. Looking at the 4-hour chart, the recent uptick in RSI indicates the easing in downside pressure as EURJPY mo...

EURJPY lacks direction; maintains range but near-term risk tilted to upside

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