EURJPY Starts a New Bearish Cycle

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<p>EURJPY trims January’s gains within bullish channel Short-term risk skewed to the downside EURJPY started a new bearish cycle within a short-term upward-sloping channel, pulling from a one-and-a-half month high of 161.85 to reach a low of 159.20 on Tuesday. Technically, the 78.6% Fibonacci retracement of the previous downleg halted January’s rally, with the 20- and […]</p>
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