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EURJPY Outlook: Support Resistance levels | December 29, 2016



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Eurjpy is limited within a range area. Yesterday we saw rapid falling on this pair from resistance level. Now this pair has pulled back from support level. So it is following horizontal support and resistance level.


We should look for buy from support level and sell from resistance level within this range area. As this pair is still on bullish mode. We need to look for buy entry for long term. If we find bullish candle on H4 or daily time, then we can take buy entry on this pair.


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