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FxWirePro: EUR/JPY faces trend line support around 135.50, good to buy at dips

  • EUR/JPY is facing major trend line support around 135.50 (trend line joining 134.79 and 134.95) and weakness can be seen only below this level.

  • Any break below 135.50 will drag the pair till 135.25/134.80.

  • On the higher side major resistance is around 136.40 and break will take the pair to next target 137.

It is good to buy at dips 135.55-60 with SL around 135.20 for the TP 136.40/137    

 

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