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EURJPY Wave Analysis 15 January, 2021

EURJPY Wave Analysis 15 January, 2021

• EURJPY broke key support level 125.800

• Likely to fall to 125.00

EURJPY today broke the multi-candle support level 125.800 (which reversed the price multiple times in the middle of December).

The breakout of this support level 125.800 accelerated the active short-term correction (iv).

EURJPY is expected to fall further toward the next support level 125.00 (target price for the completion of the active corrective wave (iv))).

EURJPY Wave Analysis 15 January, 2021


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