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EURJPY consolidated on support.

Euro / Yen Japonais (FX:EURJPY)  
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FX:EURJPY   Euro / Yen Japonais
Support and Resistance Trend Lines Triangle EURJPY intermarketanalysis
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supportandresistance trendline triangle eurjpy intermarketanalysis
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Monthly overview, we are on the middle of the range here with support at 123.8-9. Price had bounced there twice last week and is now consolidated in vague descending triangle pattern with height of 1000 points.
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if it breaks 123.9 we would see price go down to 122.8-123.0,
if it breaks up, expect selling pressure to continue at 125.4-5

Looking at DAX below, the uptrend line in 4hr timeframe has broken and price has been trying to get back above the trend line.
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Now wait for confirmation either EURJPY break up or down, keep an eye on DAX
Commentaire:
Price has reached 125.5 and now consolidating in symmetrical triangle pattern
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