Forex tips - EUR/JPY 6/1/2018
Hello fellas,
At the middle of December, we've had good uptrend from 132 to 136. In the four-hour time frame, we can see that the buyers decrease and obviously the last two candles are bearish. I suppose that some traders will close their long position and will make a profit. It's logical the price goes down. We might expect that price will be close to the support level line about 134 but after that, the uptrend will continue and the price will rise above 137-138.
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