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EUR/JPY In The Buyer’s Territory

Price increased in the last two days and looks determined to reach the 130.76 previous high, it could climb much higher as long as is trading above the median line (ml) of the ascending pitchfork and above the upper median line (UML). Has retested the mentioned levels and now should climb higher, a further increase will be confirmed if will close above the previous high. The next upside target will be at the 150% retracement level

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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