UPDATE ON EURJPY

EURJPY
BUY EURJPY (New trade)

ANALYSIS: Taking a long on the EURJPY after the market's initial dip, price broke an inverse trend-line. EURJPY is pretty cut and dry when it comes to the direction with majority of retail-traders shorting this pair while the EUR remains bullish on the COT side, and the YEN remains dovish.
Chart PatternsTrend Analysis

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